Trade Resources Industry Views VPK Packaging Plans to Invest in New Paper Machine

VPK Packaging Plans to Invest in New Paper Machine

Sustainable cardboard packaging supplier VPK Packaging Group has unveiled plans to invest in a new paper machine for light weight recycled containerboard.

The investment plan is part of the company's move to increase the integration rate and optimize the operational balance of resource management.

Expected to be operational in 2020, the investment will help to add an additional capacity of 400.000 tons.

The company is currently evaluating the suitable location for the installation of new machine.

According to the company, the Blue Paper site in Strasbourg is a likely investment location as it is within the firm’s packaging network.

VPK has expanded the operations of its packaging division with the acquisition of firms such as Ireland-based ICS Europaksm, Scandinavia-based Peterson and Netherlands-based SolidPack.

In October 2017, VPK acquired a 30% interest in UK-based corrugated sheet manufacturer CorrBoard.      

CorrBoard consortium is also comprised of Beaucrest Packaging Solutions, Dairi-Pak, Fencor Packaging Group, GWP Group, Garthwest, McLaren Packaging and Swanline Print.

In January 2017, VPK acquired SolidPack to expand its presence in the solid board segment.

With 46 facilities in 16 countries, VPK provides corrugated packaging solutions, paper solutions, solid board solutions, as well as cores and edge protector solutions.

The company’s corrugated packaging can be used for the transportation of all kinds of goods.

With two paper mills in Dendermonde of Belgium and Strasbourg of France, VPK produces four types of paper such as flute, liner, one and grey board.

Solid board will be used to protect and transport fresh and frozen meat, poultry, fruit, vegetables, fish and flowers.

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