Papierfabrik August Koehler to invest Euro 500 million by 2020
16 August 2017
Papierfabrik August Koehler SE will have invested approximately half a billion Euro in growth by 2020, as the company says in the press release received by Lesprom Network.
“We’re able to do this thanks to our position of strength and exceptional business developments in the past,” explains Kai Furler, CEO of the German family-owned company.
More than Euro 300 million is also being directed to the Kehl production facility, where Koehler will be creating more than 100 new jobs over the next two years.
The primary investment is going to a leading global technology in the form of a specialty paper machine with Yankee cylinder. The off-machine coater will be equipped with multiple cutting-edge coating application technologies in order to help shape attractive market segments in the sector of flexible packaging. The total capacity will be well over 100,000 tons a year.
Papierfabrik August Koehler SE is Europe’s leading manufacturer of carbonless paper.