CCL Industries Inc. announced plans for a significant expansion at its Innovia business unit near Leipzig in Germany. A new 8 metre wide multi-layer co-extrusion line will produce highly engineered thin gauge label films to support growing, sustainability- driven demand for lower resin content materials. The new technology is unique for label films, with 36,000 tons of annual capacity designed for best-in-class energy efficiency.

Production will commence in the second half of 2024 with most of the capital deployed across 2023 and 2024.