Heinzel Group announced an investment into installation of a second large paper machine at its bleached kraft papers production site Zellstoff Pöls AG, Austria. The company expects to start construction works in Pöls during summer 2017, and expects to begin operating the new machine in early 2019.
Kurt Maier, the Heinzel Holding CEO, commented:
“Using the new machine, we will be able to manufacture 200,000 tonnes of MG papers annually at the Pöls location. With pulp production in Pöls being expanded at the same time, this has only marginal impact on our annual market pulp capacity of 400,000 tonnes. Following our recent investments at our Raubling and Laakirchen mills, the Pöls project represents another step forward on our packaging paper segment path.”
MG papers are employed for flexible packaging and demonstrate above-average market growth.
Building work for the new machine is to commence in Pöls during this summer and operation is scheduled to start in early 2019.
Earlier Heinzel Holding GmbH appointed Barbara Potisk-Eibensteiner as the company’s CFO.
About Heinzel Group:
The company is operating under the Heinzel Holding umbrella. With its subsidiaries Zellstoff Pöls AG, Laakirchen Papier AG and AS Estonian Cell it is ranked among the largest producers of market pulp and magazine paper in Central and Eastern Europe.