date:Jul 05, 2012
VPK Packaging Group and Klingele Papierwerk have made an offer to buy the Stracel paper plant near the French city of Strasbourg from UPM for an undisclosed amount.
The partners declared they plan to invest 100m into the site with the potential to produce 300,000 tonnes per year of recycled fibre-based containerboard.
The move will see the conversion of the current magazine paper machine to one that produces fluting and testliner between 80 and 130 gsm, on equipment with a width of 8.40 metr