PKV decides not to invest in new PM6 at Wilhelmshaven site, its planned project to produce 600,000 tonnes/year of light, ultra-light corrugated papers; PKV cites current uncertainty in economic environment, spike in construction, energy costs, weak demand

Sample article from our Pulp & Paper Industry

June 12, 2023 (press release) –

We have undertaken intensive preparatory work in order to explore opportunities for establishing a growth project. Unfortunately, the economic environment is sending a clear signal: the overall situation is too uncertain to undertake such a significant investment.

Company Press


In 2021, we began to explore the current opportunities available to our company in Wilhelmshaven for the production of ultra-light corrugated papers and thus a significant increase in volume in this product segment. Since then, we have collated analyses of the market and economy, land and permits, machine and energy concepts and much more as the basis for an investment decision – a very complex task.

These results before us show that: there is too much uncertainty at present, especially in terms of the economic environment, for such a significant investment. A sound basis for a responsible decision intended to last decades is lacking. This applies in particular to the dramatic development of construction costs as well as the short-term prospects of a competitive supply of green energy, but also the current outlook for the economy in Germany, Europe and the world. This does not augur sufficiently well for this specific project.

Our success story, on the other hand, continues. We have strong products for the future of sustainable packaging solutions, we are constantly developing our site in Varel and are working on the generational task of decarbonising the paper industry.











Company Press

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Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order pulp & paper industry coverage for our clients. Contact us for a free consultation.

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