Greif announces multimillion euro investment in IBC plant in Spain
Greif, a global leader in industrial packaging products and services is delighted to announce its most recent investment in an intermediate bulk container (IBC) line at the San Roque facility in the Cadiz region of Spain. The San Roque facility will be well placed to deliver high-quality products to the olive oil industry, one of the most important economies in the region.
Greif’s existing plant has been producing large steel drums for more than 30 years. The upgrade now offers customers the world’s latest IBC technologies. Greif’s new investment includes a fully automated line, ensuring timely and uninterrupted delivery of IBCs. An additional investment has also been made in a new state of the art and fully automated warehouse where filled IBCs are stored. Production of the GCUBE IBCs has started and is expected to reach up to 150,000 units per year.
Joaquim Duarte, Greif General Manager Iberia, said: “This is a significant step forward for Greif and the local economy. It will allow us to better serve our customers and local market demands in southern Spain as well as the North African markets of Morocco, Algeria and Tunisia.”
Greif entered the IBC market with the acquisition of Fustiplast in 2010 and in the last eight years has become the fastest growing and highest investing company on IBC production. Greif’s GCUBE intermediate bulk container heralds the new generation of IBCs - efficient, safe and rugged, ideal for shipping bulk quantities of hazardous and non-hazardous products. Greif currently has nine IBC facilities across EMEA and 13 globally.
With over 13,000 employees at more than 200 locations situated across over 40 countries worldwide, Greif is a leading global supplier of industrial packaging solutions. Established over 140 years ago it has an annual revenue of $3.9 billion.