# International Paper to invest $40M in corrugated packaging plants in France and Spain

International Paper announced a $40 million investment in its corrugated packaging plants in France and Spain, adding new production lines to raise capacity in Europe, the Middle East and Africa by about 10%.

- Type: Investment
- Announced: 2021-12-01
- Where: France and Spain
- Value: $40.0M
- Status: announced
- Capacity: about 10% increase in capacity
- Products: corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [International Paper](https://endata.com/companies/716.md)

## Sources

- [ibuildmaterials.com](https://www.ibuildmaterials.com/news/the-international-paper-industry-continues-to-increase-investment-in-corrugated-packaging/), 2022-02-09: "international paper announced to invest US $40 million in its corrugated packaging plants in France and Spain."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
