Constantia Flexibles to invest Euro 80 Million in Austria facility

Specifications:

Name:

Constantia Flexibles to invest Euro 80 Million in Austria facility

Location:

Austria

Company:

Constantia Flexibles

Estimated Cost:

Euro 80 Million

Source:

https://www.cflex.com/

Introduction:

The world's third-largest flexible packaging manufacturer is investing more than EUR 80 million in its Constantia Teich facility in Austria. The key elements are a new rolling mill and another lacquering line, allowing the group to capture growth opportunities in the aluminum market whilst securing the supply chain.

Features:

This also represents a further investment in sustainability by lowering the CO2 footprint, powering the rolling mill with green electricity, and adding solar power generation.

The investment in the foil production facility includes a complete expansion package, which also covers structural and infrastructural measures. Constantia Flexibles' largest plant will be further expanded by investing in a rolling mill, a slitting line, annealing furnaces, and expanding the existing high-bay warehouse. Production will be primarily for high-end packaging in the pet food, food, pharmaceutical, and coffee segments.

In addition, Constantia Flexibles aims to increase capacity in strategic growth areas, such as coffee capsules, and thus invested in another lacquering machine and ancillary equipment. On the roof of some of the buildings, solar panels measuring several thousand square meters will be installed.