French Paper Producer awards deal to Czech Papcel

Tuesday, Mar 08, 2016

Czech paper machine maker Papcel has ob-tained a new contract from France’s paper producer Bernard Dumas Group. Under the deal, the Czech company will modernise a paper ma-chine operated by the Aquitaine-based group, Papcel said in a state-ment.

The amount of the latest deal was not disclosed by the Czech manufac-turer.

In September 2012, Japan’s Hokeutsu Kishu Paper acquired a 100% stake in the French paper producer.

Papcel is eyeing record export revenues this year, with plans to reach CZK 1.8 billion ($74.5 million), according to senior company representa-tives.


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