Ardagh Metal Packaging to invest $200m in Northern Ireland

Rhea-AI Summary

Ardagh Metal Packaging (AMP) announced plans to invest $200 million in a new beverage can plant in Northern Ireland, near Belfast, to serve the growing demand in Ireland, the UK, and Europe. This facility is part of a broader multi-billion dollar investment strategy aimed at expanding recyclable metal packaging capabilities. The plant will create numerous full-time jobs and is expected to operate in 2023. AMP aims to enhance sustainability and reduce carbon emissions by localizing production.

Positive

• Investment of $200 million in a new plant to meet growing customer demand.
• Creation of numerous full-time jobs for engineers and technicians.
• Part of a multi-billion dollar investment program to expand recyclable packaging capacity.
• Expected operational start in 2023, improving local supply chains.

Negative

• None.

LUXEMBOURG, Nov. 19, 2021 /PRNewswire/ -- Ardagh Metal Packaging (AMP) announced today that it plans to build a new state-of-the-art $200 million beverage can plant in Northern Ireland. The plant will be located near Belfast and will service the growing needs of AMP's beverage customers in Ireland, the UK and Europe. 

This initiative is part of a multi-billion dollar investment programme by AMP involving the construction of new, infinitely recyclable, metal packaging capacity in Europe, North America and Brazil.  Metal cans are the most recycled drinks package in the world, contributing to a circular economy and the sustainability requirements of AMP customers and consumers.

AMP plans to build the new plant at Global Point near Belfast, close to key local customers, at a cost of some $200 million. Though details on precise jobs numbers are still being finalised, the investment by AMP will lead to the creation of a large number of full-time jobs for engineers, technicians and other roles.

AMP is currently at the pre-planning application stage and is actively engaged with local stakeholders on the project.  Further details of the plant will be announced over the coming months.

Commenting, Oliver Graham, CEO of AMP, said: "This exciting project is an important part of AMP's global investment programme. We are delighted to be investing in Northern Ireland supporting our clients' sustainability needs and further reducing our carbon footprint by locating capacity closer to our end customers."

Marcel Martin, Chief Supply Chain Officer, Coca-Cola HBC, said: "It is great to see this investment in the new can making facility and in Northern Ireland, especially as it will supply high-quality beverage cans to our plants. With our own state-of-the-art production facility in Knockmore Hill, Lisburn, Ardagh's investment showcases the importance of partnership to bringing shared value to suppliers and customers and aligns with our desire to shorten our supply chain to reduce emissions and buy local where possible and support local jobs and communities."

Commenting David Spratt, CEO of AMP Europe, said: "We plan to have the new state of the art plant operational during 2023 and we expect to commence recruitment in 2022."  He also added that "This investment is supported by key AMP customers and will have capacity for further expansion to service additional growth in customer demand."

AMP, which is listed on the New York Stock Exchange, is 75% owned by Ardagh Group the international packaging group which traces its origins back to glass manufacturing in Dublin in the 1930's.

Notes to the editor

About Ardagh Metal Packaging

Ardagh Metal Packaging (AMP) is a leading global supplier of infinitely recyclable, sustainable, metal beverage cans and ends to brand owners. A subsidiary of sustainable packaging business Ardagh Group, AMP is a leading industry player across Europe and the Americas with innovative production capabilities. AMP operates 23 production facilities in nine countries, employing more than 5,000 employees and had sales of approximately $3.5 billion in 2020.

About Ardagh Group

Ardagh is a global supplier of infinitely recyclable metal and glass packaging for the world's leading brands. Ardagh operates 57 metal and glass production facilities in 12 countries, employing more than 16,000 people with sales of approximately $7 billion.

About metal beverage cans

Metal beverage packaging is universally recognised for its protective qualities, versatility and environmental credentials. Metal is a permanent material, meaning it can be infinitely recycled without any loss of quality. Cans are the most recycled drinks package in the world, contributing to a circular economy.

Metal offers versatility, unlimited design and brand building opportunities like no other material and is used across the world in many market sectors. Constantly evolving production technologies are used to ensure exciting possibilities and environmental sustainability in metal packaging for the future.

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SOURCE Ardagh Metal Packaging S.A.

FAQ

What is Ardagh Metal Packaging's new investment plan in Northern Ireland?

Ardagh Metal Packaging plans to invest $200 million to build a new beverage can plant in Northern Ireland.

When will the new can plant be operational?

The new plant is expected to be operational in 2023.

What impact will the new plant have on job creation?

The investment will lead to the creation of numerous full-time jobs for engineers and technicians.

What is the purpose of the new beverage can plant?

The plant aims to service the growing needs of AMP's beverage customers in Ireland, the UK, and Europe.

How does this investment relate to AMP's sustainability goals?

This investment supports AMP's commitment to sustainability by enhancing locally sourced production and reducing carbon emissions.