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Horizon Tissue plans to open Estonia’s first paper recycling plant
Juhan Tere, BC, Tallinn, 17.02.2010.
Print version
Print versionPaper plant Horizon Tissue Tissue, which produces tissue and toilet paper in Kehra, North Estonia, intends to open the first Estonian paper recycling plant by Midsummer’s 2011, LETA/Postimees Online reports.
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The 160 mln kroons investment would allow the company to produce raw material in Estonia instead of importing it from Finland, Sweden and Asian states and boost the production capacity of the soft tissue paper.
This would enable Horizon Tissue Tissue to at least double the turnover of the plant which for this year is planned to be 100 mln kroons, says the company’s CEO Vishal Tulsian.
The new plant would create jobs for 50 people and around the same amount of jobs indirectly. The technology has been chosen and equipment too and currently a bank loan is applied to.
The Kehra plant would need 15,000 tonnes of used paper for recycling which forms less than a third of the 50,000-60,000 tonnes given in Estonia into recycling.
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