Brief: Rottneros Takes Next Step Towards Production Of Fibre Trays In Poland

Rottneros AB

17/02/2023 13:38

Feb 17 (Reuters) - Rottneros AB  RROS.ST :
    * ROTTNEROS TAKES THE NEXT STEP TOWARDS PRODUCTION OF FIBRE
TRAYS
IN POLAND
    * FOUNDING 50/50-OWNED COMPANY TOGETHER WITH ARCTIC PAPER
    * AIM OF COMPANY IS TO BUILD AND RUN FACTORY TO PRODUCE
MOULDED
FIBRE TRAYS ON A LARGE INDUSTRIAL SCALE
    * PROJECT IS ON SCHEDULE AND FACTORY IS EXPECTED TO BEGIN
OPERATIONS AT END OF 2023
    * INVESTMENT IN FACTORY IS EXPECTED TO TOTAL EQUIVALENT OF
AROUND
230 MSEK
    * PRODUCTION CAPACITY IS EXPECTED TO REACH SOME 80 MILLION
UNITS
PER YEAR
    * EXPECTS TO ACHIEVE A TURNOVER OF AROUND 140 MSEK ONCE
OPERATING
AT FULL CAPACITY

Source text for Eikon:  ID:nWkr66WlrZ 
Further company coverage:  RROS.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))