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BillerudKorsnäs is investing SEK 5.7bn ($622.25m) to build a new KM7 packaging board machine at its factory in Gruvön, Sweden, with an annual capacity of 550,000 tonnes. The machine is expected to start operations in Q1 2019.
“We want to grow the company 3%-4% and several mega trends support this growth including demographic shifts, people moving into cities who consume smaller packaging sizes and sustainable trends where people favor paper or board-based materials.”beveragedaily.com
Summarized from public sources; check the original articles before acting on it.