Innovia to make major environmental investment
Innovia Films is to make a £20 million (US$31.2million) investment at its Wigton, Cumbria site, including a state-of-the-art gas turbine that will improve energy efficiency and performance, and reduce the carbon footprint of all products produced at the site.
The decision to invest in a gas turbine was made a few months ago and preparation work on the Wigton site is already under way.
The turbine will improve the company’s UK energy efficiency and performance and will reduce the carbon footprint of all products produced at the Wigton site by 20 percent, including its renewable and compostable NatureFlex films.
The investment package also includes additional biaxially-oriented polypropylene (BOPP) film capacity, which will allow Innovia Films to meet increasing worldwide demand for specialty grades of BOPP film.
The investment is expected to increase the company’s global output of BOPP by a further 10 percent, and will also support research and development work to accelerate product and market development introductions.
Work is to commence immediately and it is planned that the new capacity will be fully commissioned in 2015.
David Beeby, chief executive officer of Innovia Group, said: ‘This is very exciting news and another step forward in developing our company and supports our ongoing commitment to customer service, innovation and growth.’
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