The world’s third largest container glass manufacturer, Verallia, is to invest €80 million to increase its production capacity at its Campo Bom, Brazil facility.
The French glass manufacturer said the investment project would comprise the installation of a furnace as well as modern technology.
It would focus on serving the national wine and spirits market (such as sparkling wines).
It is expected to be operational by the end of 2023 and increase the production capacity at the unit by 700 thousand packages per day, to around 1.3 million daily units.
The company said the expansion was in response to an anticipated increase in demand. The company estimates closing 2021 with record production in Brazil, around 7% to 8% more of the total registered in 2020.
"This investment in southern Brazil was already part of the plan outlined for Verallia in Brazil.
"Added to this is the fact that market demand accelerated the decision, which shows that our strategy is on the right path," said Quintin Testa, General Director of Verallia in South America.
Verallia said the new furnaces would follow the technological standards of its other installations around the world. It will have equipment equipment, which will allow the group to respond to the demands for quality and growth in the coming years.
The machines will also be installed with an atmospheric emission treatment system (electrostatic precipitator) and a modern, closed circuit, domestic and industrial effluent treatment plant. All effluent treated in this system is reused internally, without external disposal
The investment should generate around 140 direct jobs and another 30 indirect ones. During the construction period, the number of outsourced contractors should reach 1,000.