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Jacob Holm reviews capacity, initiates Project Boost

23 Jun '20

2 min read

Pic: Jacob Holm

Jacob Holm has carried out a thorough review of all its production lines to identify capacity increase opportunities that are aligned with market demand. The review has led to an investment programme “Project Boost” which has been approved by the board of directors. Implementation has already begun in May 2020, and is expected to be completed by Q2 2022.

Jacob Holm intends to leverage learnings from market studies and several key proprietary technology advances to fast-track implementation.

“After a detailed analysis of market and business needs, we completed a reorganisation in 2019 into clearly defined business units and significantly strengthened our executive management group with the addition of three new positions. I am very proud to see recognition of the efforts of this new team by the board of directors with their approval of Project Boost,” said Martin Mikkelsen, CEO.

The Project Boost investment programme is significant in scope, affecting all production lines of the company across all global production sites. The investment is expected to lead to the creation of at least 57 new full-time positions across the group’s global manufacturing footprint. The investment will target a clear upgrade of the capabilities for utilising renewable raw materials. Additionally, the upgraded production methodology will further reduce waste and improve production efficiency, thus lowering the carbon footprint of the entire Jacob Holm and Sontara product portfolios.

“Project Boost is our response to the needs of our partners across the globe for increasing capacity, providing more sustainable substrate choices and continuing to uphold our position as an innovation leader in nonwovens,” said Mikkelsen.

Fibre2Fashion News Desk (SV)