Rottneros and Arctic Paper to Invest in a Fiber Tray Factory
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The boards of Rottneros and Arctic Paper have decided to invest EUR 15 million in a moulded fiber tray factory at Arctic Papers premises in Kostrzyn, Poland.
The factory will be operated in a separate legal entity and as a 50/50 joint venture. The production of moulded fiber trays will be suitable for high barrier packaging, modified atmosphere packaging with extended shelf life as well as for packaging with lesser functional demands, all based on Rottneros primary fiber.
The products can withstand heat and are excellent for ready-made food – both frozen and chilled dishes – which constitutes a rapidly growing market. The start-up of the new factory is planned for the end of 2023.
“We are seeing a rapidly growing demand for moulded fiber trays, and we are pleased to announce that we are now ready to move forward with our plan to launch the first industrial scale production of high barrier fiber-based packaging.
The collaboration of the two parties combines Arctic Papers favorable location and existing infrastructure with Rottneros technological know-how and will bring benefits to both companies”, said the CEOs of Rottneros and Arctic Paper, Lennart Eberleh and Michal Jarczyński, in a joint statement.
