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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.
The investment also aligns with broader sustainability goals, with the GPC promising better governance, transparency, and a greener strategy in its operations. These goals aim to improve energy efficiency, increase the use of recycled paper, and recycle industrial waste.
On the social side, GPC invested in its workforce with more than 15,000 hours of employee training in 2024, safety prevention programs, and community initiatives focused on education and local job opportunities.
The modernization of the Mohammedia site is part of an industrial trajectory in which Morocco increasingly emphasizes “green” industry (less waste, cleaner energy, more recycling) and more advanced printing technologies. With these changes, GPC will not only serve existing customers better but also compete strongly both locally and internationally.
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