O-I with 60 million euro investment in France
US-based glass company Owens-Illinois has announced a major investment to expand capacity at its Gironcourt, France, glass plant. According to the manufacturer, the commitment of more than 60 million euros represents the single largest investment of the company in Europe in the last 20 years and is supported by long-term customer agreements.
Furnace to be added
As part of the plan, a new furnace is said to be added in 2020, bringing the total number of furnaces in Gironcourt to three. In addition, one of the existing furnaces will be upgraded. Once both projects are complete, the plant reportedly will be able to produce approximately 1.9 billion incremental glass containers per year. The expansion at Gironcourt will focus on the growing premium beer segment which is highly differentiated and uses unique bottle shapes to build strong brand equity.
"Our investment into the Gironcourt plant is a reflection of the ongoing trend towards sustainable glass packaging," said Vitaliano Torno, President, O-I Europe. "Consumers are increasingly demanding sustainable and recyclable packaging solutions. We are very pleased to support the growth of our customers in line with this trend."
Utilizing recycled glass
"The investment will strengthen Gironcourt as a production location for years to come," said Francois Pierrot, Country Group Executive Southwest Europe. "In addition, it will bolster the circular economy in the region as we intend to utilize recycled glass and other raw materials from the area."