INTERNATIONAL PAPER INVESTS 100 MILLION MAD

International Paper (IP), one of the world’s leading manufacturers of renewable fiber-based packaging and absorbent pulp solutions, has announced a new 100 Million dirham (MAD) (€10 million) investment program for 2022 in its production facility in Tanger Automotive City. This investment was made in response to the steady increase in demand for corrugated packaging solutions.

The business recently celebrated a milestone: its box plant in Tangier surpassed 50 MM square meters manufactured annually for the first time since its acquisition by IP in 2017. Building on this success, International Paper will spend nearly 65 million MAD on new machinery to improve the box production capacity of Tanger Automotive City site. The objective is to strengthen International Paper’s position in
the fresh fruit and vegetable (F&V) sector and in the automotive sector.

In particular, the investment will increase the plant’s production capacity for premium F&V printed trays by approximately 55 million units per year. F&V customers throughout Morocco will be able to access a wider range of boxes and more choices, as well as an even better service.