Brief: Arctic Paper To Launch EUR 10 Mln Investment Project At Arctic Paper Kostrzyn

Arctic Paper SA

15/12/2017 06:01

Dec 15 (Reuters) - Arctic Paper SA  ATC.WA : 
    * DECIDED TO LAUNCH INVESTMENT PROJECT IN COMPANY'S 
SUBSIDIARY 
ARCTIC PAPER KOSTRZYN SA 
    * PROJECT IS AIMED TO EXPAND ARCTIC PAPER KOSTRZYN'S 
PRODUCTION 
CAPACITY BY MODERNISING MILL 
    * INVESTMENT, ESTIMATED AT ABOUT EUR 10M (APPROX. PLN 42M), 
WILL 
BE FINANCED WITH FUNDS FROM EBRD 
    * AIM IS TO INCREASE MILL'S ANNUAL PRODUCTION CAPACITY TO 
315,000 
TONNES OF FINE PAPER VERSUS 285,000 TONNES TODAY 
 
Source text for Eikon:  ID:nEM3RFdG9a  
Further company coverage:  ATC.WA  
 
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