Innovia to invest $70M in new films capacity in Germany

Innovia, a unit of CCL Industries, will invest $70 million to add a new 8-meter wide co-extrusion line at its site near Leipzig, Germany, adding 36,000 tons of annual capacity for thin gauge label films. Production is expected to start in the second half of 2024.

“We see significant growth opportunities with films for Pressure Sensitive Labels and plan to use our existing assets in the UK for top coated products and new initiatives.”accessnewswire.com

• 1 source
• accessnewswire.comInnovia To Invest $70 Million in New Films Capacity in GermanyCCL Industries Inc.May 16, 2022

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