Portucel S.A. approved investment in a tissue paper production line, with nominal capacity of 70 thousand tonnes per year and integrating equivalent converting capacity, with an estimated value of approximately Euro 120 million. With this project, the Portucel Group will have a global production capacity of 130,000 tons of tissue per year.

Portucel invests Euro 120 million in tissue paper line and equivalent converting capacity

09:22 / October 8, 2015

Oct 09, 2015. /Lesprom Network/. Portucel S.A. approved investment in a tissue paper production line, with nominal capacity of 70 thousand tonnes per year and integrating equivalent converting capacity, with an estimated value of approximately Euro 120 million. With this project, the Portucel Group will have a global production capacity of 130,000 tons of tissue per year, as the company said in the press release received by Lesprom Network.

The Group intends to develop a business model based on direct integration of pulp into tissue production and the location of this investment will be the Cacia mill site, Portugal.

Over the last months, several preliminary assessments were conducted, including viability and pre-engineering studies, in order to identify the more adequate technical solutions for this investment, both in terms of location and nominal production and converting capacity. If the necessary conditions to substantiate this investment are met, Portucel foresees the possibility to start production during the first half of 2017.

The Portucel Soporcel Group is the leading European manufacturer of uncoated printing and writing paper and bleached eucalyptus pulp.

Lesprom Network

Portucel invests Euro 120 million in tissue paper line and equivalent converting capacity

Tags

Topics

Markets

Interesting to see