Stora Enso laid the foundation stone on 30 May 2023 for a new high-volume consumer board line in Oulu, Finland, with capacity up to 750,000 tonnes of renewable packaging materials, due in 2025.
SIG is making a €60 million investment in constructing an aseptic carton plant in India, expected to reach a yearly production capacity of 4 billion packs.
Alongside the Esterpet deal, Biffa Polymers made a minority investment in its sister company Esterform, a manufacturer of PET preforms. The stake size and value were not disclosed.
Wipak has invested over £5 million in a new production line at its Welshpool site, expected to create 50 new jobs. The investment is reported in a 14 March 2023 article about a related warehouse contract.
The European Investment Bank signed a EUR 13 million venture debt agreement with PackBenefit to fund a second commercial-scale plant in Aldeamayor de San Martín (Valladolid, Spain), adding 180 million recyclable food trays per year.
US private equity firm Shore Capital Partners announced a partnership to invest in Container Services (CSI), a Hillsboro, Kansas maker of PET and HDPE blow-moulded plastic containers, to fund growth and acquisitions. The announcement was made on February 14, 2023.
Kruger Packaging announced investments of over C$30 million to modernize its Place Turcot Containerboard Mill in Montreal, making it the first in North America to produce 100% recycled saturating kraft board. The project is to be completed in 2025 and is supported by federal and Quebec government funding.
Greiner Packaging UK & Ireland invested over £3,700,000 in a new PET decontamination and extrusion line at its Dungannon, Northern Ireland site to make food-contact recycled packaging. The site has also gained SSP and FSC certifications.
SIG has announced the construction of a 10.25 MWp solar installation at its production site in Linnich, Germany. The announcement is dated 3 January 2023.
Packaging maker Caps Cases placed an order for a JS Printer 924 five-colour open and close casemaker, to boost high-quality print capacity at its Newmarket site in Scotland. The machine follows a flexo printer and digital printer installed in 2021 and 2022.
Private equity group Five V Capital has agreed terms to acquire a 30% stake in Australian packaging brand BioPak, valuing the company at about $275 million.
Encirc's glassworks in Elton, Cheshire, UK will begin glass production in 2027 in a hybrid hydrogen-powered furnace, aiming to produce 200 million net zero spirits bottles for Diageo brands.
Coca-Cola Europacific Partners unveiled a $43.7 million upgrade of its Moorabbin canning facility, allowing 11 million more cases for the Victorian market. KHS supplied processing and packaging lines as project lead.
Riverstone Credit Partners provided Katy, Texas-based sustainable packaging provider Hoover CS a $160 million senior term loan. The financing gives Hoover CS additional liquidity to execute its growth strategy.
Megaplast plans further investments of EUR 40 million by 2026, including EUR 9 million for the Thebes plant and EUR 5.5 million for its Heraklion, Crete facilities, funded partly by the Recovery Fund.
Greiner Packaging UK & Ireland announced new investments totalling over £10 million at its Dungannon, Northern Ireland site for new machinery, a new manufacturing hall and warehouse expansion, celebrating its 50th anniversary.
Boxshop Ltd is investing in an HQPP converting line built around a BOBST EXPERTFLEX six-colour printer, to be installed in March 2023 to serve customers across Scotland. The article gives no monetary value.
Flex Américas CEO Om Prakash Mishra announced a second stage of expansion in Altamira, with a planned $300 million complex to be built in 2024-2025 on a site still being sought. The total investment through 2025 is above $500 million.
Izhar Basha, founder and CEO of EHPlabs, agreed to make a US$1.0 million private placement into Wildpack Beverage and join its board, subject to TSXV and corporate approvals.
Weiss-Packaging invested in a new packaging printing facility in Simmerath, Germany, with the printing machine still being installed and production expected to start shortly.
Diageo has begun work on a GBP 24.5 million expansion of its Belfast, Northern Ireland packaging site, converting warehouses into a canning line capable of 72,000 cans per hour, expected to be fully operational in 2023.
Yplastic, part of Grupo Telles, invested about R$12 million to modernize its Fortaleza plant, including a Husky HyPET preform production cell with capacity of 10 million preforms per month. The company has begun preform production.
Corrugated packaging producer Zerhusen Kartonagen, based in Damme in north-western Germany, announced a €100m investment. The article gives no detail on what the money will fund.
Mondi plans to convert the Duino paper machine PM 3 to produce about 420,000 tonnes per year of recycled corrugated case material. An estimated EUR 200 million will be invested in the project.
Moldtek Packaging plans capital expenditure of Rs 125 crore in FY23, adding capacity at Sultanpur, Daman, Vizag, Hyderabad and Kanpur units and setting up a second plant at Daman with robotic IML facilities.
Berrapack, headquartered in Aljustrel, Portugal, is investing €1 million to start producing waterproof paper packages for food use next year, initially 400,000 to 500,000 packages per day.
THIMM Group plans to invest 400 million euros over five years in automation, digitalization, modernization and expansion of all its locations.
Vidrala is investing £75 million in a national distribution hub for the UK and European beverages industry, to be used by parent subsidiary Encirc, as reported in May 2022.
Orora Beverage announced in May 2022 an investment of $85 million to expand can body production capacity at its Revesby plant in Sydney. It is part of about $200 million in can production investment over three to four years.
Bristol printer Philtone fitted a Compact Foilers CF10000 PM cold foiling system to its five-colour Speedmaster XL106 press to produce foil-finished carton board packaging for a contract win.
Diageo will invest £40.5m to expand packaging capacity at its Belfast and Runcorn sites, including a canning line producing 72,000 cans per hour in Belfast. Construction starts immediately, with capacity expected online in 2023.
Mondi announced a €280 million investment in corrugated packaging, including about €185 million across its central and eastern European Corrugated Solutions plant network to expand production and automation. The investment includes €95 million at its Świecie containerboard mill in Poland.
MM Group signed a EUR 65 million syndicated green loan classified as sustainable, financing the rebuild of a board machine at its Neuss site in Germany.
Brazilian group Klabin will invest R$188 million at its Horizonte facility in Ceará state to add 80,000 tons per year of capacity from 2023, mainly serving the Northeast fruit market.
Magic Pack (Gruppo Happy) obtained a 13 million euro seven-year loan from Finlombarda and Cassa di Risparmio di Bolzano to fund investments including new production capacity and recycling lines for expanded polystyrene food containers. The plant is in Gadesco Pieve Delmona, Italy.
Schumacher Packaging plans to invest around 700 million euros by 2025, including 300 million euros in Germany, to expand corrugated board plants and paper mills and create around 500 jobs.
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%.
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.
Schumacher Packaging plans to invest about €700 million by 2025, including €300 million in Germany, to expand corrugated board plants and paper mills. The program is expected to create around 500 new jobs.
Labatt Breweries of Canada announced a C$461.5 million capital investment program for 2019-2022 covering sustainability, innovation and production upgrades at its breweries nationwide. A major part is the KeelClip packaging system at its London and Montreal breweries.
Packaging firm Coveris invested £500,000 in new hi-tech equipment at its Hartlepool plant to produce branded tamper-evident bags for Covid-19 test kits, creating 20 new jobs.
Canadian packaging maker CKF Inc. announced investments to substantially increase thermoformed moulded fibre production capacity, with a new wing at its Langley, British Columbia pulp facility slated to be operational by Q3 2022.
Coca-Cola Canada Bottling Ltd. plans to invest nearly $11 million in its Calgary manufacturing facility to add capacity and install new packaging equipment, with expansions expected to be operational by March 2022.
Owens-Illinois will invest $180 million in two new glass packaging factories in Brazil, starting operations in the third quarter of 2023 and adding more than 650 million units per year of capacity; exact locations are still being discussed.
Spanish paper and packaging group SAICA plans to invest $800 million over the next five years to expand in the US market, via acquisition or new plant construction, while building a corrugated paper plant in Hamilton, Ohio due to open in early 2022.
Party Decor has taken delivery of a Konica Minolta PKG-675i inkjet printer to support its new cardboard products business, which makes shipping and decorative boxes.
TriState Container Corporation became the first print provider to acquire Xeikon's IDERA digital printing press for corrugated packaging, announced on 6 July 2021.
Smurfit Kappa will invest 24 million euros to expand and modernize its corrugated plant in Rethel, north-east France, adding an 8200 square meter machine plant, with completion expected in 2023.
Romanian company Promateris completed a 2.5 million euro investment in a compostable packaging production line. The article text provides few further details.
Pakistan Aluminium Beverage Cans Limited plans an IPO offering 26 percent of its shares to raise at least Rs3.3 billion, with book building on June 22-23 and public subscription on June 29-30, 2021. The company is also raising capacity to 950 million cans per year by July 2022.