SIG to build in Brazil

SIG Combibloc is investing in a packaging plant in Brazil. The production site for carton packs will be built in Campo Largo, in the Brazilian Federal State of Paraná. Construction work is already under way, and the first carton packs manufactured locally in South America by SIG Combibloc will come off the production in 2011. This major project involves a total investment of EUR 90 million and several development stages are planned. Once the first stage is completed, production will begin with an annual capacity of one billion carton packs. This can be doubled to two billion packs annually over a short period of time.

With this decision to establish a packaging plant in South America, SIG Combibloc is continuing its significant international growth. Says Rolf Stangl, CEO of SIG Combibloc Group: "Brazil offers an outstanding environment from an overall economic perspective. Its GDP is enjoying significant growth – an increase of 5.5 percent is expected for 2010. In international terms, it is one of the biggest economic growth markets. Its need for long-life packed food is growing. After China, Brazil has the highest consumption of products in aseptic carton packs: about 10 billion units per year."