Mohammedia – GPC Papier et Carton, part of Ynna Holding and Morocco’s leader in paper and corrugated cardboard packaging, has announced a MAD 500 million ($55.56 million) investment to modernize its Mohammedia site. This move aims to boost capacity, adopt new technology, and create jobs in an industry facing growing global and local demand.

 

Currently, the Mohammedia plant produces approximately 90,000 tons of cardboard packaging per year. Once the modernization project is complete, this production capacity is projected to increase to 160,000 tons by 2030.

 

The expansion will require new equipment and processes, including Africa’s first Kento Hybrid digital printing machine for corrugated cardboard. The machine will combine flexography (for color areas) and high-definition digital printing (for complex visuals), improving print quality, reducing production costs, and offering faster, more flexible responses to customer requests, especially in sectors like agro-food where packaging visuals matter.

 

Alongside capacity growth, GPC aims to generate over 100 new direct jobs by 2027. The upgrades are not just about volume, but also environmental responsibility.

 

GPC is establishing what it calls an ESG (Environmental, Social, Governance), a green securitization fund named “FT Novus Green Pack.” This fund, worth MAD250 million, is built in partnership with Maghreb Titrisation. It will channel capital into socially and environmentally positive projects in the packaging sector.

 

Source: Morocco World News