Hamburger Containerboard to Build New Containerboard Mill in Kutahya, Turkey
The new mill will have an annual production capacity of 480,000 tonnes of containerboard, mainly lightweight Testliner and Fluting.
Sept. 14, 2017 - Hamburger Turkey Ltd., part of the Austrian Prinzhorn Group, has signed a land purchasing agreement to set up a third paper mill in Turkey. The location is situated 250 Km southeast of Istanbul. The new paper machine will have state-of-the-art technology, a width of 7.80 meters and an annual production capacity of 480,000 tonnes of containerboard, mainly lightweight Testliner and Fluting.
“Turkey is an important market for us and this investment shows our strong commitment to this fast growing region,” said Cord Prinzhorn, CEO of Prinzhorn Group. “If all relevant factors, such as governmental permissions and political stability show a green light, we are happy to proceed with the next project steps.”
Harald Ganster, Managing Director of Hamburger Containerboard Division, added, “We are excited to have found such an excellent location for this project. This additional paper mill will help us to secure our high quality paper supply to our customers.”
The 300 million Euro investment will create 500 new jobs and is planned to be finalized in 2020, the company noted.
Hamburger Turkey Ltd. is part of the Hamburger Containerboard Division, which has a total of seven paper mills in four countries and produces 2 million tonnes of containerboard per year. The two existing paper mills in Turkey are based in Corlu and Denizli.
Hamburger Containerboard Division is part of the Prinzhorn Group, which employs 6,300 people in 15 countries and ranks among the European market leaders in the recycling, paper and packaging industry.
The family-owned Prinzhorn Group has its headquarters in Vienna, Austria and is structured in three divisions: Dunapack Packaging (corrugated packaging solutions), Hamburger Containerboard (production of containerboard) and Hamburger Recycling.
SOURCE: Prinzhorn Group