International Paper wants to sit on the fresh fruit and vegetable and automotive segments.
International Paper has decided to invest this year 100 million DH in its Moroccan production sites. This is to meet the steady increase in demand for sustainable corrugated packaging solutions, says the global packaging manufacturer. This envelope will be divided between the purchase of new machines intended to improve the production capacities of the boxes of the Tangier site for 65 million DH and the improvement of the energy efficiency of the recycled paper factory for corrugated located in Kenitra. by the installation of a new multi-fuel boiler for nearly 35 million DH.
International Paper (IP) will invest this year 100 million DH (10 million euros) in its Moroccan production sites. This was announced earlier this week by this global manufacturer of renewable fiber-based packaging and absorbent pulp solutions, noting that the investment was made in response to growing steady demand for sustainable corrugated packaging solutions. A good part of this investment (65 million DH) is attributed to the purchase of new machines intended to improve the production capacities of the cash registers of the Tangier site, notes the company. The objective, she stresses, is to establish IP’s position in the fresh fruit and vegetable (F&V) and automotive segments. The company said it “recently disclosed a significant event: its Tangier case plant exceeded 50MM square meters annually for the first time since its acquisition by IP in 2017”.
The planned investment is intended to increase the production capacity of the factory’s premium printed F&V trays by approximately 55 million units per year. The Tangier site will also be able, in the future, to manufacture large American boxes, an essential product in the automotive sector, the company reveals. “Our customers and end users want products that contribute to a more sustainable low-carbon future,” says Bertrand Laplaud, regional general manager Morocco and West Africa for International Paper. “Corrugated packaging is best suited to meet this demand. Thanks to our investments, the packaging products needed every day will be available in Morocco, which will contribute to the circular economy,” he adds. The packaging manufacturer explains that the measures taken to minimize waste and maximize the recovery of materials affect product design and development as much as the supply of raw materials, circular manufacturing processes or even collaboration with customers and providers. The rest of this investment program (nearly 35 million DH) will be used to improve the energy efficiency of the IP recycled paper plant located in Kenitra by installing a new multi-fuel boiler. which will further diversify energy sources, the company notes. IP will assess the ability to implement other solutions at the plant, including solar power, she adds.