Packagingworld trade 2024+3.9% 5Y CAGR
Nov 25, 2021INVESTMENTGermany, Germany Schumacher Packaging to invest EUR 700M by 2025, creating 500 jobs
Schumacher Packaging plans its largest investment program, about EUR 700 million by 2025 with EUR 300 million in Germany, to expand corrugated board plants and paper mills and add renewable energy. The plan aims to create around 500 jobs and lift sales to EUR 1.3 billion by 2025. Reported November 25, 2021.
Value
$790.0M (700.0M EUR)
Capacity
600 million m2 per year at Greven plant
Productscorrugated board packagingsolid board packaging
“Around 700 million euros are to be invested by 2025 - 300 million euros in Germany alone.”freshplaza.com
- 4 sources
- freshplaza.comSchumacher Packaging invests 700 million euros in the futureNov 25, 2021
- pulpapernews.comSchumacher Packaging is investing €700 million in new capacity | PULPAPERnews.comNov 29, 2021
- euwid-paper.comSchumacher Packaging announces €700m capex to grow paper and corrugated capacitiesDec 1, 2021
- paperfirst.infoSchumacher Packaging is investing € 700 million in the future | PaperFIRSTDec 2, 2021
Summarized from public sources; check the original articles before acting on it.
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