Papcel signs contract to rebuild PM for Akasan company in Turkey

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Papcel signs contract to rebuild PM for Akasan company in Turkey

September 21, 2010 - 01:50

LITOVEL, Czech Republic, Sept. 14, 2010 (Press Release) -New contract for reconstruction of paper machine was signed in Istanbul on the first week of August. The value of the contract reach amount of 2,92 mio. EUR and it will be realized in the second half of this year and beginning of year 2011. Start up of reconstructed machine is planned for April 2011.

Company AKASAN, placed in town Adana in southeast Turkey, is a customer in this project. The owner of paper mill Mr. Mithat Topal found this mill as a green field project in industrial zone Haci Sabanci in year 1995. Paper machine produce double layer fluting and liner base on the waste paper. The aim of the reconstruction, which press part, is to double nowadays comprises mostly reconstruction of the capacity of paper machine up to the 60.000 tpy at average speed of 350 mpm. Nowadays the final negotiations with bank and insurance company take place and project and designing works can start.

We believe that this project is first just first sign of our entrance into the quickly developing and promising market of Turkey.