The company was founded in 1969 by Ulrich Krumbeck. He recognised the potential in recycling rigid PVC films and took advantage of this gap in the market. The company then shredded punching waste from producing stable packaging such as margarine cups, added various additives and finally processed it into thermoforming sheets. These, in turn, were used in the packaging industry. During the oil crisis, processing plastics became even more attractive, which enabled Krumbeck to invest further. In 1991, the range was extended to include the "PET" plastic and, for the first time, the company produced packaging for a nearby confectionery manufacturer.
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