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Cartiere Carrara to Expand and Diversify Paper production at Carma Ferrania

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Italy’s Cartiere Carrara is investing Euro 16.7 million ($18.6 million) in the expansion and diversification of its Carma Ferrania mill in Cairo Montenotte, Italy. The investment will result in the creation of 30 new jobs at the site.

Invitalia, the national agency for inward investment and economic development, which is part of the Italian Ministry of Economic Development (MISE), has granted the company a Euro 7.1 million subsidized loan and a Euro 0.8 million non-reimbursable subsidy.

According to a statement from Invitalia, the company’s Carma Ferrania mill will produce paper using secondary fiber as its raw material. The financing is part of an initiative from the MISE aimed at reviving the Savona area, which is classified as a “complex industrial crisis area.”

In March 2017, the Italian daily La Stampa reported that Cartiere Carrara intended to install a new tissue machine as well as a cogeneration plant at its Carma Ferrania mill.

According to Fastmarket RISI’s Asset Database, the firm’s Carma Ferrania mill produces 27,000 metric tpy of tissue paper on one paper machine.

Cartiere Carrara is both a producer and a converter of tissue paper. According to its website, it produces approximately 240,000 metric tpy of paper on eight paper machines. It has a total of six production sites and 35 converting lines.

 

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