Heinzel Group to invest over EUR 100 million in Laakirchen
- Conversion of the PM10 to containerboard production - Extension of the PM11 for increased output of SC paper
Yesterday (11th August 2016) the Supervisory Boards of Laakirchen Papier AG and Heinzel Holding GmbH approved the extensive investments for the expansion of the Laakirchen paper mill in Austria involving total spending of over EUR 100 million. Kurt Maier, the Heinzel Holding CEO: “With these investments we will turn Laakirchen with its two paper machines into one of the most competitive and environmentally friendly paper mills in Europe – on a sustainable basis. A precondition for the realization of this project is a substantial efficiency program supported by all employees.”
The investment programme consists of two elements. Firstly, the Paper Machine 10 is to be converted to produce lightweight containerboard using wastepaper as fibre base. Secondly and simultaneously, the production capacity of the Paper Machine 11 producing SC paper for magazines, catalogues and commercial print will be extended considerably. Mark Lunabba, the Laakirchen Papier AG CEO: “Laakirchen will be able to produce nearly 800.000 tons of paper annually, which means that the long-term future of the location is secured.”
starboard - a new era starts at Laakirchen Papier From autumn 2017 onwards starboard containerboard will be produced in Laakirchen, an additional production site to Raubling in Germany. The experienced paper producer represents then a solid footing. starboard containerboard will be produced on PM10 while super-calandered magazine paper will be produced further on PM11.
Laakirchen Papier AG is a subsidiary of the international Heinzel Group, which ranks with its Zellstoff Pöls AG, Laakirchen Papier AG (both Austria), Raubling Papier GmbH (Germany) and AS Estonian Cell (Estonia) industrial locations numbers among the largest producers of market pulp, corrugated containerboard and magazine paper in Central and Eastern Europe.
The Groups trading division includes Wilfried Heinzel AG, a globally active pulp and paper trading company, and Europapier AG, the leading paper merchant in the CEE region. Bunzl & Biach is one of the largest and most important waste paper treatment and distribution companies in Austria as well as the leading wholesaler in Central and Eastern Europe.