12 January, 23:26
VPK Packaging Group plans to invest in a new paper machine for light weight recycled containerboard to strengthen its sustainable resource management, as the company says in the press release received by Lesprom Network.
Following acquisitions and organic growth, VPK’s packaging division has experienced a significant expansion. Recent acquisitions include ICS Europaks in Ireland (2015), Peterson in Scandinavia (2016), SolidPack in the Netherlands (2017) and a participation in Corrboard in the United Kingdom (2017).
To increase the integration rate thereby optimising the operational balance of resource management, VPK has decided to invest in a new paper machine for light weight recycled containerboard. The investment aims at an additional capacity of 400.000 tons, to be operational by 2020.
The location for the new paper machine is currently being assessed. With its strategic location within VPK’s packaging network and the possibility of leveraging synergies with the high performing, existing infrastructure and paper making expertise, the Blue Paper site in Strasbourg is a likely investment location.