Sustainable packaging industry announces expansion with investment of R$100 million in PE

Sustainable packaging industry announces expansion with investment of R$100 million in PE
Sustainable packaging industry announces expansion with investment of R$100 million in PE
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Photo: publicity

During a meeting with governor Raquel Lyra, this Friday (2), representatives from Ball Corporation announced investments of R$100 million to improve the company’s production capacity, located in the Suape Port Industrial Complex. A world leader in sustainable aluminum packaging, Ball will also inject resources into areas such as logistics, technology, infrastructure and market assets.

“We are very happy to know that Ball chose Pernambuco to continue growing here in Brazil. These are investments that will offer new processes and more job and income generation for our people. We will have another production chain being strengthened with a sustainable economy, guaranteeing commitment to the environment, which meets the economy of the future, where Pernambuco fits perfectly”, highlighted Raquel Lyra.

According to the CEO of

Pernambuco Economic Development Agency

(Adepe), André Teixeira, attracting new investment was possible thanks to the granting of 85% tax incentives, released through the Pernambuco Development Program (Prodepe). “Pernambuco takes another step forward and reinforces that 2024 will be an excellent year. In this first month alone, we have already announced more than R$800 million in investments here in the State of the announced companies”, he emphasized.

For the regional president of Ball Corporation for South America, Fauze Villatoro, Pernambuco represents a strategic differentiator for the industry. “The tax incentive that the state of Pernambuco grants is very important because it makes us more competitive, as we supply products throughout South America”, he pointed out. The company stands out as an industry giant, manufacturing more than 110 billion cans annually and employing approximately 21,000 professionals globally.

Also participating in the meeting were the director of Investment Attraction at Adepe, Brena Castelo Branco; the tax director of Ball Corporation, Tiago Guerra Machado; and the communications director, Fabio Mincarelli Monfrin.

Operation in Pernambuco – The group’s current venture in Pernambuco was installed in 1997, in the city of Cabo de Santo Agostinho, in the Suape Complex. In operation for more than 20 years, the industrial enterprise has one of Ball Corporation’s most modern plants, being responsible for a large part of the national production and for all of the group’s regional production of cans and lids in Brazil.


The article is in Portuguese

Brazil

Tags: Sustainable packaging industry announces expansion investment R100 million

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