GD board manufacturer Reno de Medici has announced plans to expand its GD board production capacity by up to 200,000 t over the next 3 years.
This will be achieved through capacity expansion at the existing mills, including Blendecques which is scheduled to restart early 2023, as well as reallocation of other product volumes thanks to RDM Group’s multi-mill concept, the company announced.
European demand for GD board has been growing over the last 18 months. In addition to supply chain disruptions caused by the pandemic, RDM Group believes that this growing demand is linked to structural market changes such as plastic substitution, relocation of activities from the Far East, and also the increased use of recycled material in packaging.
At the same time, production capacity for GD board had reduced in Europe, creating major tensions, and in some cases, supply disruption, which negatively affected operations in the packaging industry.