Brief: PolyPlank invests to increase production in Hylsplugg business area

PolyPlank AB (publ)

11/02/2016 09:46

Feb 11 (Reuters) - PolyPlank publ AB  POLY.ST : 
    * Has invested 350,000 Swedish crowns ($41,658.24) in new tool to increase production in  
Hylsplugg business area (shelf plugs) to paper industry 
    * Says investment has potential to boost co's revenue within the product area by 14 percent 
    * The product area represents about 30 pct of PolyPlank's total revenue 
    * Says investment is financed with own funds 
 
Source text for Eikon:  ID:nHUG4MfN8s  
     
Further company coverage:  POLY.ST  
 
($1 = 8.4017 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))