UAB “Terekas” is one of the few companies in the world producing both PET containers and PET container forming devices. The company exports its production/equipment to more than 20 countries around the world. The main customer group consists of medium sized food and beverage, chemical industries and small and medium sized PET containers. UAB “Terekas” project is designed to increase the company’s competitiveness in international markets by creating 4 new products with new technical characteristics. The project will be carried out together with the partner UAB “Ekspla”. During the project, R & D activities will be carried out, during which scientific/technological uncertainties will be addressed and new knowledge needed for the creation of new products will be sought.