PAPCEL to Deliver New Tissue Line to Saudi Arabia
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The PAPCEL Group, Czech Republic, reports that it has signed another contract with a customer from Saudi Arabia for a new paper machine with all of the accompanying technologies for production of tissue paper. The line will produce papers for production of napkins, paper towels, tissues, and toilet paper.
In addition to delivery of machinery and equipment, the contract also includes engineering services, delivery of electro installations, and a turnkey machine line assembly. So far, this is the largest delivery of the PAPCEL/ABK Group to the Middle East. The customer will be supplied with modern technology machines with hydraulic headbox and crescent former technology.
PAPCEL notes that at the end of September, it exceeded the "magical revenue limit" of one billion Czech crowns. The company reached the highest revenues level in its history, exceeding all previous records. The second half of the year has been the most successful period for the company, not only in terms of newly concluded contracts, but also by opening new production premises in Italy. The company’s plan is to reach a total of CZK 1.59 billion in revenues this year.
