Holmen to build new paper machine in Spain
Holmen to build new paper machine in Spain The Board of Holmen AB has today decided to go ahead with the previously announced project to build a recycled fibre-based newsprint machine at the Papelera Peninsular in Spain. The machine will have an annual capacity of 300,000 tonnes. The investment cost amounts to approximately E 295 million (MSEK 2,700). It is planned to bring the machine into production at the beginning of 2006. The primary market region for its products will be southern Europe, where the high rate of growth in consumption is expected to continue. The competitiveness of the