View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 11, 2020

Coveris to invest 5-layer extrusion capability in Kufstein plant

Sustainable packaging solution provider Coveris has revealed a new investment in its Kufstein plant, Austria, to expand capacity.

Sustainable packaging solution provider Coveris has revealed a new investment in its Kufstein plant, Austria, to expand capacity.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The move is part of the major investment programme announced by the company in Winsford, UK.

The investment will support the expansion and modernisation of the plant’s technical capabilities in Kufstein by adding a 5-layer specialist agri extrusion line.

The Kufstein investment will improve the company’s position in agri production. It will also add extra premium quality silage films for high-speed wrappers to its product range.

The new equipment will be installed and commissioned during the second quarter of the year.

Coveris agri investment programme Business Unit Films president Martin Davis said: “This investment of 5-layer extrusion capability into Kufstein is an exciting development for Coveris as we seek to significantly expand our offering within the global agri films market.

“We now have agri manufacturing centres in both Austria and the UK, allowing us to offer our clients a wider service proposition to add to our outstanding product and technical know-how built up over many years. Our reputation for high-quality products can now be enhanced further through accelerated product development and innovation.”

In October, Coveris invested in new generation extrusion and pre-stretch assets in its Winsford facility in the UK.

The combined investment in Kufstein plant and Winsford facility will enhance Coveris silage wrap capacity to approximately 30,000t.

Related Companies

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The packaging industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Packaging Gateway