PAPACKS

PAPACKS opened its Gigafactory 2 in Arnstadt, Thuringia, more than doubling its production area with a completed extension. The company invested almost 30 million euros with state support of around 6 million euros.

Keurig Dr Pepper and Cologne-based packaging maker PAPACKS launched a partnership to develop a fully recyclable, compostable paper beverage bottle, with a prototype expected by end of 2022.

PAPACKS has started construction of its PAPACKS GIGAFACTORY 2, a molded fiber parts plant next to GIGAFACTORY 1 in Arnstadt, Thuringia, investing over 13 million euros. Annual capacity at the site will double to over 360 million molded parts from 2022.

PAPACKS plans to build a further production facility on its acquired Arnstadt site in 2022, doubling the area in use and raising capacity from 180 million to 360 million units per year.

PAPACKS is investing over €10 million in its GIGAFACTORY 1 in Arnstadt, Germany, creating around 20 new jobs for molded paper fiber packaging. The topping-out ceremony was held on 25 September 2020.