UPM RAflatac to increase production capacity in Asia Pacific.

Position::INDUSTRY News
 
FREE EXCERPT

UPM Raflatac says it is planning to increase production capacity in Asia Pacific by investing 14 million euros in its asset platforms in China and Malaysia. These initiatives will support UPM's growth target of adding 200 million euro of EBITDA in the coming three years. The plan is to build a new coating line in the company's self-adhesive labelstock factory in Changshu, China. The plan also includes machinery upgrades in Changshu as well as the Johor Bahru factory in Malaysia. The machinery investments are estimated to add more than 50% new coating capacity in the region for UPM Raflatac.

"We are now investing to expand our...

To continue reading

FREE SIGN UP