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The boards of Rottneros and Arctic Paper have decided to invest 15 million euro in a moulded fiber tray factory at Arctic Papers premises in Kostrzyn, Poland. The factory will be operated in a separate legal entity and as a 50/50 joint venture, in line with the LOI that was signed by the parties on October 22nd, 2021. “We are seeing a rapidly growing demand for moulded fiber trays, and we are pleased to announce that we are now ready to move forward with our plan to launch the Read more...
AB Grigeo, one of the largest paper and wood industry company groups in the Baltic States, has signed a preliminary agreement for the purchase of shares regarding the acquisition of one of the factories of Głuchołaskie Zakłady Papiernicze sp. z o.o (GZP), a tissue paper and cardboard manufacturer in Poland. The company intends to acquire 100% of the shares of the subsidiary company of GZP which will manage the tissue paper business in Niedomice, Poland. The transaction Read more...
International technology group ANDRITZ has received an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to rebuild two existing OCC (old corrugated containers) lines for its mill in Surabaya, Indonesia. The modernization will considerably improve pulp quality to produce more competitive products with higher operational efficiency and reduced energy consumption. The capacity of both lines will be increased to 500 t/d, utilizing 100% imported OCC as raw material. Suryomu Read more...
