(News from RISI) Chilean packaging producer Forestal y Papelera Concepción (FPC) has scheduled for the first quarter of 2015 the startup of its new 70,000tpy tissue paper machine (PM) to be installed at the company’s Coronel mill, in the Biobío region.
Supplied by Metso, the new PM will be part of FPC’s debut project in the tissue market.
According to the company, 20,000tpy of the total output produced on the new tissue PM will be sold in the Chilean domestic market, while 40,000tpy should be shipped to the USA and 10,000tpy to Asia.
The project also includes a Futura converting line, which is expected to start operating by the end of 2014.
The company plans to buy tissue paper from third-party suppliers to supply the new converting line since its PM is not running yet.
FPC’s total investment in the venture is estimated at $150m.
The company currently produces 105,000tpy of containerboard at its Coronel mill, in central Chile.