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.
Smurfit Kappa completed a 12 million euro investment in a new flexible material production facility at its IBI plant in Spain, announced on 11 June 2021.
Pitreavie Group announced a further £1 million investment in new plant and machinery at its Cumbernauld corrugated box facility, including a Bobst folder gluer and a flat bed die cutter, adding seven jobs once the equipment arrives.
Ardagh Group plans to invest US$195 million to convert warehouse space and add two high-speed can lines at its Winston-Salem plant in North Carolina. About 94 jobs will be created when the expansion completes in 2022.
Smurfit Kappa is investing €20 million in new converting equipment at four plants: Žebrák, Žimrovice and Olomouc in the Czech Republic, and Štúrovo in Slovakia. The investment adds over 100 million regular and offset printed boxes per year and is expected to be completed by the end of 2021.
CorrBoard UK will shortly install a new £1.5m automated palletisation system and significant IT control system upgrades at its 320,000 sq ft facility in North Lincolnshire.
JDE Peet's announced a €110 million investment at its Andrézieux-Bouthéon site in the Loire, France, to raise aluminium coffee capsule production capacity by more than 60%, with about 40 new hires planned by year-end and works finishing in 2022.
Indonesian packaging maker PT Indopoly Swakarsa Industry Tbk (IPOL) has allocated US$1.5 million in capital expenditure for maintenance of its three plants with a total capacity of 100,000 tons per year.
A. Hatzopoulos S.A. announced a €20 million plan of strategic investments in new facilities, machinery and equipment, to be implemented by the end of 2022. The plan includes a new warehouse at its Stadiou plant.
Hull Boxes & Packaging, an East Yorkshire packaging maker, secured a £110,000 loan jointly funded by Finance For Enterprise and the Northern Powerhouse Investment Fund. The funds paid for a new die cutter and gluing and stitching machines to raise capacity, and the company created three new jobs.
Altonaer Wellpappenfabrik in Tornesch near Hamburg will replace its finished goods palletizing system in spring 2021 and add a fully automated 4-color inline folding box machine in the second half of 2021. The company says it is investing over 10 million euros in quality and productivity across 2020/21.
Smurfit Kappa announced a multi-million pound investment in its Tannochside plant in North Lanarkshire, Scotland, to improve print and conversion equipment for solid board and corrugated divisions.
BG Container Glass (BGC) in Thailand has approved an M&A investment plan covering two companies that make plastic films, caps, PET bottles, preforms and corrugated boxes, as part of a strategy to double revenue from 10,000 to 25,000 million baht by 2025. The plan will go to the annual shareholders meeting.
JobsOhio provided Burrows, a Novolex brand, a $400,000 grant to invest in new machinery, equipment and infrastructure at its food-packaging plants in Franklin and Mount Vernon, Ohio, where more than 300 employees work.
SCG Packaging (SCGP) plans to invest over 10 billion baht to expand its integrated packaging business in Vietnam to meet demand from consumer goods and other industries. The article is dated 10 February 2021.
SCG Packaging plans to invest US$334 million in Vietnam as part of its expansion of packaging businesses, including the Duy Tan acquisition and paper production expansion in northern Vietnam.
Netpak Packaging announced investments of over $2 million in a production plant. The article gives no location or further details.
Aston Manor has invested a further £6 million to reconfigure its Aston, Birmingham production site and add a new flexible contract canning packaging line capable of up to 24,000 cans per hour.
Berivo, an equipment leasing company set up by Chetwode and Acofi, provided a EUR 3.77 million sale-and-leaseback financing to flexible packaging maker UNI Packaging, now Schur Flexibles, to fund its European expansion. The contract was signed in July 2015.
Golden West Packaging Group has installed an industrial-scale HP PageWide C500 digital corrugated press at its Heritage site in Livermore, California, to target wine and spirits packaging demand.
August Faller, part of Faller Packaging, is installing a Koenig & Bauer Rapida 76 double-coater offset press at its Łódź plant in Poland, due to enter production in spring 2021 and raise carton output to about 1 billion units per year.
Coca-Cola HBC has started rolling out the KeelClip paperboard alternative to plastic wrap on can multipacks across its EU markets, after a €15 million investment in a partnership with Graphic Packaging International. The rollout is due to finish by early 2022.
Ribble Packaging completed a £3.5 million investment project, including a warehouse extension and new machinery such as the Unifold fanfold stacker, which raises its double-wall line speed from 170 to 220 metres per minute.
Churchill Asset Management acted as administrative agent for a $48 million senior secured credit facility supporting GenNx360's acquisition of B2B Industrial and the assets of AMW Packaging Supply. The announcement was dated 2020-10-09.
Crediton Dairy became the first UK company to install an Elopak Pure-Pak Aseptic filling line, investing GBP 3 million in the line and GBP 4 million in a new filling hall, with products launched in summer 2020.
Palladin Consumer Retail Partners announced an investment in Decowraps, a Miami-based floral packaging company with facilities in Colombia, the Netherlands, Ecuador, Kenya and China, to fund growth and acquisitions. No amount was disclosed.
Altium Packaging is entering the next phase of a $10 million investment in PET capacity and capabilities, expanding its PET bottle production from 2 ounces to 5 gallons and its preform catalog. The announcement was made in Atlanta on August 5, 2020.
New owner RIDG Holding is investing more than CZK 250 million (about EUR 10 million) in Slovenian paper mill Vipap Videm Krško to produce food packaging paper and upgrade technology.
PaperWorks is investing $25 million in new state-of-the-art equipment to enhance its North American production capacity and innovation capabilities.
PaperWorks upgraded its high-quality packaging production with a new Komori Lithrone GX40 press supplied by Komori America.
Bryce Corporation's packaging division will invest $10 million to expand capacity and technical capabilities, creating 20 new jobs: 12 in Memphis, Tennessee and eight in Searcy, Arkansas.
August Faller GmbH & Co. KG plans to invest EUR 30 million in a new headquarters and plant at its Waldkirch, Germany site, with construction starting in Q1 2022 and completion about two years later.
CorrBoard UK will shortly install a new £1.5 million automated palletisation system and IT control system upgrades at its 320,000 sq ft North Lincolnshire plant.
Chinese easy-open-end maker Guangdong Enpack Packaging plans to raise RMB 500 million (US$70.4 million) through a private share placement to fund facility upgrades and ten new production lines in Shantou.
Sonoco will spend $83 million to retool operations in South Carolina and Wisconsin, converting a Hartsville, S.C. machine to uncoated recycled paperboard with about 180,000 tons per year capacity. The project starts late 2020 and is slated for early 2022.
Greif announced a minority investment stake in Centurion Container LLC to expand its intermediate bulk container reconditioning network in North America, with a clear path to full ownership.
Cullen, a UK corrugate packaging maker, is replacing its multi-point gluers with two Bobst Expertfold 165 folder-gluers at its Glasgow site, expected in place by Q3 2020.
Saica Group announced a £50M+ investment to build a new purpose-built corrugated packaging plant in Livingston, West Lothian, replacing its Edinburgh and Milngavie sites. The site is due for completion by the end of 2021.
Vietnamese packaging maker Tapack decided to invest $1 million in a new environmentally friendly production line.
Pitreavie Group plans a new £3.8m corrugated box manufacturing facility in Cumbernauld, Scotland.
Somerset-based thermoformed packaging firm Kingsmoor Packaging has started the year with fully refurbished design, pattern and tooling facilities.
Colombier is installing a new state-of-the-art cut-size sheet cutter at its Zeebrugge seaport site in Belgium.
Coca-Cola European Partners is opening a new £20 million Bag-in-Box production line at its Edmonton factory in North London, bringing its 2019 GB investment to £150 million.
Megabox, a Pesaro-based packaging company, invested over 10 million in a new production site of about 12,000 covered square metres, including a Engico 4800 casemaker line certified for Industry 4.0. The announcement was dated December 18, 2019.
New-Indy Containerboard plans to invest $240 million to convert its recently acquired Catawba, South Carolina pulp and paper mill from lightweight coated paper to containerboard grades.
Exonia, a premium packaging maker in Iasi, Romania, will open a biodegradable packaging factory by the end of March 2020 with a 3 million euro investment. The plant will have capacity of 350-360 tonnes per month and create 28 initial jobs, rising to 40.
Saudi packaging company United Carton Industries (UCIC) installed an Electronics For Imaging Nozomi C18000 LED inkjet printer for corrugated packaging. The digital printer will move HD flexo work at its five Saudi plants to digital and add point-of-sale display capacity.
Greif is investing in a new blow molder machine at its Vanderbijlpark operation in Gauteng to produce lightweight jerrycans after a major new contract win. The investment supports expansion into Sub-Saharan Africa.
Hoffmann Neopac is investing in a three-piece canmaking line at CM Packaging's facility in Dronten, the Netherlands, adding capacity for the infant food sector. No amount was disclosed.
Coca-Cola Hellenic Bottling Company is investing EUR 15 million ($16.54 million) in Graphic Packaging's KeelClip paperboard packaging to replace plastic shrink-wrap on can multipacks in Europe, with rollouts in Ireland and Poland planned for 2020.