Skip to main content

UPM stake in Czech paper processor

Finland / Czech Republic – Paper manufacturer UPM Kymmene of Finland has acquired 33% of the shares of Euro Waste.

The latter, a paper recycler based at Štětí, in the Czech Republic, is a joint venture between paper manufacturers and traders Mondi Steti, Norske Skog and Reparco Trading. UPM is acquiring the shares held by Reparco.
Founded in early 1997, Euro Waste claims to be the largest independent paper recycler within the Czech Republic, processing more than 200 000 tonnes of recovered paper per annum. Most of this material is supplied to its shareholding companies.

Don't hesitate to contact us to share your input and ideas. Subscribe to the magazine or (free) newsletter.

You might find this interesting too

Diverted ships a fresh woe
Mondi in talks with DS Smith about shared future
Red Sea crisis overshadows paper trade

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €169 (normal rate is €225) Subscribe