By: PLASTICS & RUBBER WEEKLY
August 30, 2013
Innovia Films Ltd. is spending 20 million pounds ($31 million) to install of additional biaxially oriented polypropylene film capacity and a gas turbine at its site in Wigton, England.
The additional BOPP capacity will help the company in meeting the increasing worldwide demand for its specialty grades of BOPP film.
The investment is expected to increase Innovia Films' global output by 10 percent and will support its research and development teams to accelerate their product and market development introductions, according to chief executive David Beeby.
Work will commence immediately and it is planned that the new capacity will be fully commissioned in 2015.