Arctic Paper takes the next step with Rottneros on joint investment
Arctic Paper and Rottneros have entered into an agreement on a joint venture, an investment of PLN 100 million in the production of moulded fiber trays. A 50/50-owned Polish company has been founded to establish production at Arctic Paper's Polish mill.“We look forward to taking the next step in sustainable biodegradable packaging together with Rottneros. The investment is an important part of our strategic diversification”, says Michal Jarczyński, CEO of Arctic Paper S.A. The investment is based on the use of joint competences and synergies. Rottneros contributes pulp and experience in