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Cascades Invests $21M to Increase its Production of Innovative and Environmentally Friendly Packaging for Fresh Foods
DRUMMONDVILLE, QC, Oct. 30, 2017 /PRNewswire/ – Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue products, announced today a $21-million investment in its Cascades Inopak (Drummondville) and Plastiques Cascades (Kingsey Falls) plants in order to acquire equipment enabling it to increase its production of food packaging, primarily for the fresh protein market.
The Cascades Inopak plant in Drummondville will benefit from a $15-million investment. This will be used to expand the existing building and to install a high-performance rPET film manufacturing line that is unique in Canada and which includes a built-in, cutting-edge decontamination unit. This will make it possible to significantly increase the production capacity of IntegralTM packaging, which is made from recycled PET, is recyclable and allows food in certain markets—such as fresh protein—to be kept for double the amount of time, thus radically reducing food waste.
Source Link» Publication Date: 02/11/2017
The development of this project has been co-funded with the support of the LIFE financial instrument of the European Union
[LIFE16 ENV/ES/000305]
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