Tag Archives: Turkish packaging producer

BSTDB loan helps Turkish Corporate expand tissue capacity in Russia

The Black Sea Trade and Development bank (BSTDB) has provided a 7-year EUR 75 million loan to the Turkish Hayat Kimya Group for the construction of a new factory in Kaluga (Russia) producing cleansing tissue and towel paper.   The total project cost is EUR 134.5 million.  This will be the third Group’s production facility […]

Kipas’ new containerboard PM in Turkey still not running

 One of Europe’s biggest containerboard machines was supposed to start up at the beginning of March. But Kipas Kagit once again postponed the start-up of its new machine in Turkey, which should have come online already in the summer of 2020. The new 700,000 tpy containerboard machine of Turkish packaging producer Kipas Kagit was supposed […]