Brief: Rottneros And Arctic Paper Are Collaborating On Sustainable Fiber Trays In Poland

Rottneros AB

22/10/2021 07:08

Oct 22 (Reuters) - Rottneros AB:
    * ROTTNEROS AND ARCTIC PAPER ARE COLLABORATING ON
SUSTAINABLE
FIBER TRAYS IN POLAND
    * ROTTNEROS AND ARCTIC PAPER HAVE SIGNED A LETTER OF INTENT
REGARDING A 50/50 JOINT VENTURE IN KOSTRZYN, POLAND
    * AIM OF BUILDING A MOULDED FIBER TRAY FACTORY. START-UP OF
NEW
FACTORY IS PLANNED FOR END OF 2023
    * INVESTMENT IS EXPECTED TO AMOUNT TO 12-15 MEUR,
CORRESPONDING TO
APPROXIMATELY 120-150 MSEK.
    * PRODUCTION CAPACITY IS ESTIMATED AT 60 - 80 MILLION TRAYS.

Source text for Eikon:  ID:nWkr5x9hRX 
Further company coverage:  ATC.WA 

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