# ITP invests €40M in new flexible packaging plant in Italy

ITP Spa has invested 40 million euros in a new plant for food packaging, featuring the only Triple Bubble extrusion line in Italy. The investment will produce lid films, bottoms for thermoforming, and shrink bags.

- Type: Investment
- Announced: 2024-01-22
- Where: Italy
- Value: $43.5M (40.0M EUR)
- Status: announced
- Products: flexible food packaging, lid films, thermoforming bottoms, shrink bags
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [ITP](https://endata.com/companies/17055.md)

## Sources

- [itp.company](https://www.itp.company/en/research-and-development/), 2024-01-22: "Recently, ITP has invested 40 million euros in the evolution of food packaging."

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