[Spain] Internacionales Acuiferas - Glass Packaging Investments

Spain's Internacionales Acuiferas SA, known commercially by its brand "Sierra de Cazorla," is to dedicate part of its EUR 26M investments in 2009-10 for new glass bottling lines. The lines will be installed at a new plant in the southern Spanish town of Sorihuela de Guadalimar. One of the objectives pursued by the company with the launch of the investment is to boost its presence in hotels, which currently absorb 10% of its business, through the use of the new glass packaging. The Andalusian company invested heavily in 2008 in order to increase packaging capacity.