Rottneros takes the next step for the agreed joint venture project in Packaging in Poland by formally founding the 50/50-owned company together with Arctic Paper. The aim of the company is to build and run the factory to produce molded fiber trays on a large industrial scale. The project is on schedule and the factory is expected to begin operations at the end of 2023.
Investment in the factory is expected to total the equivalent of around SEK 230 million ($22 million). Production capacity is expected to reach some 80 million units per year, which is significantly more compared to the plant in Sunne. The company expects to achieve a turnover of around SEK 140 million ($13.4 million) once operating at full capacity.
Production will focus on, among other things, high-barrier packaging with an extended shelf life for food, but also on packaging with simpler functional requirements. The raw material consists of pulp from Rottneros Mill.
Arctic Paper Group is a European company and a leading producer of high-quality graphical fine paper, bio-based packaging solutions, high-quality wood pulp, and energy, increasingly of non-fossil origin.
Rottneros is an independent producer of market pulp.