Innovia Films, a division of Innovia Group, announced a 20 million pound investment which includes the installation of additional biaxially oriented polypropylene (BOPP) film capacity and a new gas turbine at its UK site.
Work will commence immediately and the new capacity is expected be fully commissioned in 2015, which will boost the company’s global output by 10%.
The decision to invest in a gas turbine was made a few months ago and preparation work on the Wigton, the UK site is already well in hand. The turbine will improve the company’s UK energy efficiency and performance and is said to reduce the carbon footprint of all products produced at the Wigton site by 20%, including its renewable and compostable NatureFlex films.
David Beeby, CEO, Innovia Group expressed his enthusiasm, “This is very exciting news and another step forward in developing our company and supports our ongoing commitment to customer service, innovation and growth.”
Source: www.adsalecprj.com/Publicity/MarketNews/lang-eng/article-67007507/Article.aspx
