# Saxony funds Honext x Wepa recycled fibreboard plant in Kriebstein

The German state of Saxony will support the Wepa and Honext Material joint venture with EUR 9.85m for a planned recycled fibreboard plant in Kriebstein. The announcement was made on 28 October 2026.

- Type: New facility
- Announced: 2026-10-28
- Where: Kriebstein, Saxony, Germany
- Value: $10.7M (9.85M EUR)
- Status: announced
- Products: recycled fibreboard

## Companies

- [WEPA Group](https://endata.com/companies/1420.md) (partner)
- [Honext Material](https://endata.com/companies/14842.md) (partner)

## Sources

- [euwid-paper.com](https://www.euwid-paper.com/topic/mergers-and-acquisitions/), 2026-10-30: "The German state of Saxony will support the Honext x Wepa joint venture with €9.85m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.