NewswireTODAY - /newswire/ - Alicante, Spain, 2024/02/01 - Smurfit Kappa will invest €54 million to double the capacity of its Ibi Bag-in-Box plant in Alicante, Spain - SmurfitKappa.com. LSE (SKG); ISE (SKG)

Smurfit Kappa’s latest investment is set to strengthen the sustainability of both the plant’s operations and its product portfolio, with enhanced waste management systems and significant savings in energy consumption. Bag-in-Box Ibi has got a strong track record when it comes to recycling with several state-of-the-art systems to identify and separate by-products.

Saverio Mayer, CEO of Smurfit Kappa Europe, said: “Today’s announcement demonstrates our commitment to the Bag-in-Box division and forms part of our multi-country expansion plan. We have invested €90 million in the Ibi plant throughout the last decade which has significantly enhanced our offering.

“Our customers know that when they choose us, they will get everything they need for their product, invariably resulting in a beautifully designed bag-in-box with a reduced carbon footprint.”

Pascual Martínez, General Manager of the Smurfit Kappa Ibi plant, added: “We are proud to be taking Ibi to the next level through this investment and creating a further 200 jobs for the local economy. We have a talented and very skilled team here that can solve even the most complex challenge. I am excited about embarking on the next chapter for Ibi.”

Bag-in-Box Ibi creates a broad range of products for wine, dairy products, liquid eggs, cooking oils and water. Smurfit Kappa is the No.1 Bag-in-Box provider in Europe.

About Smurfit Kappa

Smurfit Kappa (smurfitkappa.com) is a FTSE 100 company and one of the leading providers of paper-based packaging in the world, with operations in 22 European countries and 13 countries in the Americas.

Our experience and expertise create new opportunities for our customers and we are constantly updating our pack design and innovations to provide the optimum choice and packaging supplies.

Almost all of the raw materials are sourced from our own paper mills, so consistency is always a key attribute of our products. Because those products are 100% renewable and produced sustainably, we help our customers reduce their environmental footprint.

Agency / Source: Smurfit Kappa Group plc

Availability: All Regions (Including Int'l)

Traffic Booster: [/] Quick NewswireToday Visibility Checker

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]