VPK Packaging Group Announces to Invest in a new Papermill

VPK Packaging Group is planning to bulid a new paper mill in central Europe. The firm plans to invest €200m (£158m) in the new paper mill that will produce 300,000 tonnes of light weight recycled corrugated case material (80-160 g/m²) per year.

VPK has opted two possible locations for the establishment of the mill - Zeitz in Germany and Wroclaw in Poland. The construction, which will take 2 years to complete would be operational in 2011. The new mill will create 150 new direct jobs and 100 indirect jobs in the periphery of the plant.

Project Name

A new Papermill

Location

Zeitz in Germany or Wroclaw in Poland

Commencement

N/A

Completion

N/A

Estimated Investment

€200m

Capacity

300,000 tonnes of light weight recycled corrugated case material (80-160 g/m²) per year

Key Players

VPK Packaging Group