Portucel to Invest EUR 120 Million in New Tissue Line
Print this Article | Send to Colleague
Portucel, Portugal, will invest in a new tissue production line with a nominal capacity of 70,000 metric tpy, for an estimated cost of some EUR 120 million. Included in the costs is equivalent converting capacity. The project expands the Portrucel Group’s global tissue production capacity to 130,000 metric tpy.
.
The Group intends to develop a business model based on direct integration of pulp into tissue production, and the location of this investment will be the Cacia mill site. During recent months, several preliminary assessments were conducted, including viability and pre-engineering studies, to identify the more adequate technical solutions for this investment, both in terms of location and nominal production and converting capacity.
If the necessary conditions to substantiate this investment are met, Portucel foresees the possibility to start production during the first half of 2017.
