Axium Packaging, which specializes in the manufacture of PET and PP jars, bottles and closures for the hygiene and beauty and food markets, is launching new investments to support the growth of its subsidiaries Acti Pack and Loire Plastic Industrie.
Historically located in Andrézieux-Bouthéon, Axium Packaging has acquired a 22,000 m² industrial building located in Saint-Etienne.
This 16 million euro investment project for the Loire-based ETI will enable the two plants to be grouped together on a single site in order to support their development. The development of the site will increase the production capacity of Acti Pack and Loire Plastic Industrie by more than 15%. In addition to this expansion, their storage solutions will be extended in line with the group's strategic development.
This expansion of the two plants will be supported by the creation of new jobs at the new site in Saint-Etienne.
Already complementary in their plastic packaging offerings, Acti Pack and Loire Plastic Industrie will benefit from a merger that will strengthen their product and service offering and their development synergy.
This growth allows us to take a further step in the implementation of our CSR approach: this new proximity will strengthen our sustainable development and eco-design policy in favor of reducing the environmental impact of our packaging, standardize our code of ethics for a common ethical and sustainable business policy and strengthen the sharing of our commitments and values with all our partners.
The expansion of these two subsidiaries completes and strengthens the positioning of the Axium Packaging group, which is established in Europe with five production sites.
This project foresees the start-up of the new injection and injection blow molding production plants in December 2021 on their new site in Saint-Etienne.
