Lucart has announced an €80m three-year investment project that will include the start-up of a tissue machine in 2024 at its plant in Laval sur Vologne, France.
The operation also includes the installation of three converting lines, the construction of a 25,000m2 logistics hub, and plans to reduce CO2 emissions by more than 12,000tpy by installing a biomass power plant at site.
Once up and running, PM15 will consolidate the group’s international presence in the AfH sector, producing up to 40,000 tonnes of high-quality tissue paper per year.
Massimo Pasquini, Chief Executive of Lucart, said: “We are delighted to announce an investment plan of this magnitude, which for us is a major strategic step towards consolidating and bolstering our business growth outside Italy.
“With these new investments, the Laval sur Vologne plant will play an even more central role in driving our expansion into the European markets.
“We are also very proud to be able to export a responsible and sustainable growth model that values environmental achievements as much as economic performance”.
The Laval site will reach a production potential of about 100,000 tonnes of tissue paper per year and it will be able to serve other plants in the group in addition to its own converting line.
Lucart is planning to install a biomass power plant capable of producing heat using wood chips from forestry in the areas surrounding the Laval plant that will achieve an estimated reduction in CO2 emissions of more than 12,000 tonnes per year.