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Bank ABC closes €24.9M sustainability-linked credit facility for Saudi Paper Manufacturing; loan will support Saudi Paper's PM5 expansion plan--and recycling, circularity efforts--by funding procurement of machinery from Toscotec
Published: February 02, 2024 by Al Bawaba News
Toscotec welcomed Saudi Paper to its headquarters for the factory acceptance test of its double-width AHEAD 2.2L tissue machine; SPG’s new line is being supplied by Toscotec on a full turnkey basis, set for installation at its Dammam mill in mid-2024
Published: December 21, 2023 by Toscotec SPA (via LinkedIn)
Saudi Paper Group and Toscotec met at SPG Dammam facility in Saudi Arabia to coordinate for their new PM5 machine; Toscotec is supplying a double-width AHEAD 2.2L line on a turnkey basis, following start-up of a PM2 in April, now operating at full speed
Published: November 29, 2023 by Toscotec SPA (via LinkedIn)
Saudi Paper Group starts up Toscotec-supplied AHEAD 2.2 tissue machine and OPTIMA slitter rewinder at its Dammam mill in Saudi Arabia; PM2 machine has annual production capacity of over 30,000 tons, is already producing tissue
Published: April 26, 2023 by Toscotec SPA

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