AssiDomän increases capacity for recycled-fibre based containerboard

AssiDomän increases capacity for recycled-fibre based containerboard The Board of AssiDomän AB has decided to invest MSEK 116 in AssiDomän Ania, one of the leading manufacturers of containerboard in Italy. The investment includes rebuilding PM2 and improvements in internal logistics. As a result of this investment, production capacity will be increased by 40,000 tonnes to more than 180,000 tonnes of fluting and testliner per year. Furthermore, the quality of the paper will be improved and flexibility between the two paper machines will increase as will the company's ability to produce lighter grammages. Improved safety and environment are other advantages that will be achieved through this investment. Claudio Gaggini, President of AssiDomän Ania, says: "With this investment we are developing AssiDomän Ania so that we can make the best and most efficient use of our entire potential production capacity." The Italian corrugated board market is the second largest in Europe with an annual growth of 3-5 per cent. Approximately 90 per cent of AssiDomän Ania's production is delivered to Italian corrugated board plants. AssiDomän Ania, which is situated outside Lucca in Tuscany, has two paper machines, PM2 and PM3. There are 122 employees. In May 2000, AssiDomän Ania was the first containerboard mill in Italy to receive ISO 14001 certification. AssiDomän AB Corporate Communications 8 November 2000 For additional information, please contact: Claudio Gaggini, President of AssiDomän Ania, tel. +39 05 83 709 176. AssiDomän is one of Europe's leading forest products companies with operations within packaging, packaging paper, sawn timber and wood processing. The Group is also a significant forest owner with 2.4 million hectares of productive forest land. AssiDomän has approximately 12,000 employees in 20 countries. 1999 turnover amounted to SEK 24.5 billion. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/11/08/20001108BIT00330/bit0001.doc http://www.bit.se/bitonline/2000/11/08/20001108BIT00330/bit0002.pdf