(News from RISI) Celulosa Argentina has received the parts of its new 30,000tpy tissue paper machine (PM) purchased in August last year from the German equipment supplier Voith, the company said.
According to the company, the first containers arrived at the Port of Buenos Aires in late July.
The new PM will mark Celulosa Argentina’s entry in the tissue paper market.
The company currently produces up to 142,000tpy of coated woodfree (CWF) paper, 45,000tpy of uncoated woodfree (UWF) paper, 20,000tpy of kraft papers, and 90,000tpy of bleached eucalyptus kraft (BEK) pulp.
The total investment in the project is estimated at Euro 18.5 million ($24.4 million), which will be financed over a 10-year period. The company expects the venture to increase its paper converting capabilities by 20% and has scheduled the startup for the first quarter of 2015.
“Regarding the future conversion and sale of the new tissue PM production, we highlight the long-term strategic partnerships forged by the company with other producers such as Kimberly-Clark and San Andrés de Giles, which will largely contribute for the project’s sustainability and success,” Celulosa Argentina stated.