# 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.

- Type: Investment
- Announced: 2021-10-20
- Where: Laakirchen, Austria
- Value: $116.0M (100.0M EUR)
- Status: announced
- Capacity: More than 550,000 metric tons of paper per year at full capacity
- Products: recycled lightweight containerboard, testliner, fluting

## Companies

- [Laakirchen Papier AG](https://endata.com/companies/8519.md)
- [Heinzel Group](https://endata.com/companies/8520.md) (investor)

## Sources

- [pulpapernews.com](https://www.pulpapernews.com/20211020/12974/laakirchen-become-one-largest-sites-recycled-packaging-paper-europe), 2021-10-20: "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."

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