Russia's Arkhangelsk Pulp & Paper Mill to buy €8.5M of equipment from Voith to reconstruct wire section of PM No. 1 by Q1 2014, expected to improve product quality and raise share of semi chemical pulp in composition of paperboard
October 15, 2012
(Interfax Russia & CIS Business and Financial Newswire)
– ARKHANGELSK. Oct 12 (Interfax) - OJSC Arkhangelsk Pulp and Paper Mill (RTS: ACBK) has signed an 8.5-million-euro contract with German company Voith for equipment supplies to reconstruct the wire section of paperboard machine number one, the Russian factory said in a press release.
Voith plans to deliver the equipment by the end of next year, and Arkhangelsk Pulp and Paper Mill will finish up the reconstruction in the first quarter of 2014.
The installation of a top forming device and short circulation system equipment for the paperboard machine will improve product quality and raise the share of semi chemical pulp in the composition of cardboard.
The Arkhangelsk Pulp and Paper Mill occupies 65% of the Russian tag paper market. Its chief shareholder is Austrian company Pulp Mill Holding GmbH (97.42%).
Voith Group manages Voith Turbo (produces components and assemblies for railway machinery), Voith Paper (equipment for the paper industry), Voith Hydro (equipment for hydro-electric power plants), Voith Industrial Services (renders technical services) and several other companies. It has operations in over 50 countries.
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