ICT Group is to invest in a new 70,000tpy tissue machine at its ICT Poland mill located in the town of Kostrzyn. The investment would also comprise of additional converting equipment and necessary logistic and civil infrastructure.
ICT Poland has 400 employees and produces 140,000tpy of finished products.
The new machine would eventually be an addition to ICT Poland’s first two tissue machines started in 2001 and 2008. The future site would therefore need additional personnel to operate the three full width tissue machines and the fully integrated converting hall downstream.
ICT Group is presently evaluating several investment options in different countries.
However, should the decision for the investment finally fall on Poland, start-up date for the new machine is estimated to be in 3Q of 2015.
ICT Group is headquartered in Lucca, Italy, and has production companies in Italy, Spain, Poland and France.