Asia Pacific Resources International Limited (APRIL Group), a leading manufacturer of sustainable fibers and products, has announced plans to expand its downstream product portfolio in Indonesia by investing IDR 33.4 trillion (USD 2.3 billion) in a new sustainable paperboard production facility.
The construction of the new facility – located in Pangkalan Kerinci, in Riau province, Sumatra – is one of the most significant recent manufacturing investments in Sumatra. The investment is projected to promote Indonesia’s recovery following the Covid-19 pandemic by diversifying into sustainable downstream fiber products. When completed, the paperboard packaging factory will be able to manufacture 1.2 million tons of 100% recyclable and biodegradable folding boxboard per year. This expansion aims to address the domestic and international market’s growing demand for more ecologically friendly packaging materials.
APRIL announced its 2030 targets in November 2020, aiming at delivering a positive impact on the climate and the people while growing its business sustainably. The development coincides with the global focus on reducing the usage of plastics, polyester, and other fossil fuel-based products. Demand for recyclable and biodegradable solutions from packaging to fashion is driven by consumer preference via expanding e-retail purchases in high-growth markets such as Indonesia and Vietnam.
(Source: APRIL Asia)
