Green light for Innovia Security England plant
1 July 2014
Wigton, England - Innovia Security is delighted that Allerdale Borough Council's Development Panel has granted planning consent to build its new facility in Cumbria, England.
"The positive decision of Allerdale Borough Council's Development Panel is very good news for Innovia Security. We now look forward to the next steps of the project. These will include the appointment of a contractor, who we hope will start working on the site towards the end of the Summer,” said Dr Jaime Pacreu, Innovia Security England Project Director.
Innovia Security will construct an opacification plant on land adjacent to the other division of the business - Innovia Films - in Wigton. This follows the Bank of England's decision late last year to print the next £5 and £10 notes on Guardian™ - Innovia Security's polymer substrate. The new opacification plant will enable Guardian™ substrate to be produced at the same location as the manufacture of Clarity™C, the unique polymer film used to make Guardian™. The plant is expected to be completed and operational by 2016.
Following the launch of the new notes, England will join 23 other countries already using Guardian™ polymer substrate. The establishment of the Innovia Security plant in Wigton, as well as the planned additional investment by Innovia Films to increase its film manufacturing capacity, will add to local jobs in the area.
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