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Spanish corrugated cardboard maker to invest in French plant
Spanish corrugated cardboard specialist Saica Group is planning to invest some €12.8 million in 2019 with the aim to raise the production capacity of its plant in Laveyron, in France’s south-eastern part.
The increased investment in the French factory will come follow-ing last year’s allocation of €5 million to modernise the facility’s production capacities, according to the information obtained by local business magazine L’Usine nouvelle.
Saica says it is one of the major players in the development and production of recycled paper for corrugated cardboard in the Eu-ropean market, with a production volume of 3.3 million tonnes of paper per year.