Verallia Announces Two New Furnaces in Europe by 2026 to Increase Capacity Production
12 Janvier 2023 - 05:40PM
Business Wire
Regulatory News:
EFFECTIVE INVESTMENTS TO INCREASE CAPACITY
Verallia (Paris:VRLA), the leading European and the
third-largest producer globally of glass containers for food and
beverages, announces the construction of two additional furnaces by
2025 and 2026 to increase its capacity production and respond to
market’s needs.
These two new additional furnaces will be located in Spain and
Italy, by 2025 and 2026.
GOING FURTHER IN VERALLIA’S INVESTMENT PLAN
In the framework of the 2022 – 2024 strategic plan, the Group
announced to build three new furnaces, one per year, to increase
production capacity by around 400 kilotonnes / year by
2024.
In line with this strategy, the first furnace was commissioned
at the Jacutinga plant (Brazil) at the end of 2022.
Two others - which are already under construction - will be
fully operational during 2024, in Campo Bom (Brazil) and Pescia
(Italy). They will be both powered by oxy- combustion, reducing CO2
emissions by 18 % compared to traditional technology.
With today’s announcement of two additional furnaces,
Verallia is completing its capacity footprint to meet customer
needs in the coming years. These two new furnaces will incorporate
new technologies to support the Group sustainable growth.
Patrice Lucas, CEO of Verallia declared:
"We are walking the talk. As committed with our strategic plan,
we are building additional capacity: Jacutinga has been launched,
Campo Bom and Pescia projects are progressing as planned. With this
announcement of two additional furnaces in Europe by 2026, we are
pursuing our ambition to follow customers’ and market’s needs, to
sustain our sustainable profitable growth".
The Group's annual results will be announced on February 15,
2023.
About Verallia
At Verallia, our purpose is to re-imagine glass for a
sustainable future. We want to redefine how glass is produced,
reused and recycled, to make it the world’s most sustainable
packaging material. We work in common cause with our customers,
suppliers and other partners across the value chain to develop new
healthy and sustainable solutions for all.
With around 10,000 people and 34 glass production facilities in
12 countries, we are the leading European and the third largest
producer globally of glass containers for food and beverages,
providing innovative, customized and environmentally friendly
solutions to more than 10,000 businesses around the world.
Verallia produced more than 16 billion bottles and jars and
achieved revenues of €2.7 billion in 2021. Verallia is listed on
compartment A of the Euronext Paris stock exchange (Ticker: VRLA –
ISIN: FR0013447729) and belongs to the STOXX600, SBF 120, CAC Mid
60, CAC Mid & Small et CAC All-Tradable indexes.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230112005544/en/
Press contacts Annabel Fuder, Anne Mauvieux &
Isabelle Fillaud verallia@wellcom.fr +33 (0)1 46 34 60 60
VERALLIA (EU:VRLA)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024
VERALLIA (EU:VRLA)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024