GPC Papier et Carton Strengthens Its Industrial Capacity and Invests 500 Million Dirhams to Transform Its Mohammedia Site into an Industrial Hub

GPC Papier et Carton, a subsidiary of the YNNA Group and a national leader in paper and corrugated cardboard packaging, is taking a significant step in its development. The company is investing 500 million dirhams to expand its Mohammedia site, aiming to increase its annual production capacity from 90,000 tons to 160,000 tons by 2030. This expansion is expected to create more than 100 direct jobs by 2027. The site extension will feature a major technological innovation with the installation of Africa's first hybrid digital printing machine for corrugated cardboard. This technology combines flexography for solid colors and high-definition digital printing for complex visuals, enabling optimal print quality, reduced production costs, and enhanced agility to meet specific demands, particularly in the agri-food sector. Mounir EL Bari, General Director of GPC Papier et Carton, stated, "The transformation of the Mohammedia factory is part of a broader sustainable development approach driven by an ambitious ESG strategy. GPC Papier et Carton has structured, in partnership with Maghreb Titrisation, the first green securitization fund dedicated to the packaging sector in Morocco." He added, "Named FT Novus Green Pack, this innovative mechanism mobilizes 250 million dirhams through the sale of commercial receivables, exclusively directed towards projects with positive environmental and social impact. This fund is ESG-labeled, accompanied by a dedicated tracking register audited by Fidaron Grant Thornton, ensuring total transparency and exemplary governance."