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GPMA Column | E-commerce demand surges, International Paper increases investment in French corrugated board mills

2022-10-14

Recently, a French company of International Paper has received an investment of nearly 23 million euros. The investment will be used for its development in the e-commerce space to provide customers with more sustainable packaging solutions. The project vacuum water ring will bring as many as 50 jobs to France.

This is International Paper's largest investment in its two French factories Robot Arm Palletizer in recent years. This investment will be used to install new equipment and new processing lines, which will increase production capacity by 60% and 50%. Upon completion of the project, International Paper will be able to offer customers in both regions a wider selection of high-quality corrugated packaging. The investment begins at the end of 2021 and will continue through the second half of 2023. This move will also create new jobs for both factories.

"We are delighted to announce this strategic investment to the industry, which will strengthen our sustainable packaging production capacity in France and create new jobs locally. This is a great opportunity for our group in a dynamic industry like e-commerce A sustainable positioning is essential, but also in order to continue to serve our existing customers more efficiently," said Hakim Serhir, Director of International Paper France.

The investment is part of a commitment of 35 million euros ($40 million) by International Paper in France and Spain. It aims to meet the growing demand in the e-commerce sector by increasing its total production capacity in EMEA (Europe, Middle East and Africa) by 10%. In recent years, in EMEA, the consumption of carton and corrugated packaging by the automatic pallet strapping machine e-commerce industry has been increasing, with an average annual growth rate of 10%. Due to the epidemic, its growth rate has further accelerated. Therefore, it is very strategic for International Paper to be able to meet market demand, which is in line with the company's growth goals in the packaging segment.

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