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Oct 20, 2021INVESTMENTLaakirchen, Austria

Heinzel Group to convert Laakirchen paper machine into recycled containerboard line in Austria

Laakirchen Papier AG and Heinzel Holding GmbH approved an investment program of well over 100 million euros to convert paper machine 11 at Laakirchen into a lightweight recycled containerboard machine. Containerboard products are expected on the market from mid-2023.

Value

$116.0M (100.0M EUR)

Status

Announced

Capacity

More than 550,000 metric tons of paper per year at full capacity

Productsrecycled lightweight containerboardtestlinerfluting

CompaniesLaakirchen Papier AG Heinzel Group investor

“As part of an investment program of well over 100 million euros, paper machine 11 (PM11), which today produces supercalendered paper for magazines, catalogs, and advertising, will be converted into a highperformance machine for lightweight containerboard made from recycled paper.”pulpapernews.com

1 source
pulpapernews.comLaakirchen to become one of the largest sites for recycled packaging paper in Europe | PULPAPERnews.comOct 20, 2021

Summarized from public sources; check the original articles before acting on it.

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