Modernization targets operational efficiency and resource self-sufficiency through integrated technology.
棉纸
The Euro 370 million investment adds a new paper machine and three converting lines, creating nearly 100 new jobs and raising fresh fibre share in Swedish production to 80%.
Acquired portfolio includes a Delaware production facility and generated a segment operating profit of $17 million.
Combined entity projects $7 billion in annual EBITDA and targets $2.1 billion in synergies from complementary brand portfolios.
New leader assumes role November 3 after serving as Chief Operating Officer since 2017.
Facility will feature a 5.6-meter Through-Air-Dried machine, full automation and flow control systems, with start-up scheduled for 2028.
The start-up of the new machine is scheduled for Q2 2028.
The line now produces 100% plastic-free, biodegradable CP wipes with a yearly capacity of about 20,000 tons.