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Hamburger Recycling acquires Kastas Kagit in Turkey

TURKEY (News release) -- Hamburger Recycling, part of Austrian Prinzhorn Group, has signed an agreement to purchase a recycling company Kastaş Kağıt in Turkey.

The 10,000 m2 site is equipped with two bale-press machines, one sorting line and a state-of-theart transport solution center. The site is staffed with 130 people and able to process 60,000 tonnes of paper for recycling per year.

"With the acquisition of Kastaş we are happy to have found our perfect match in Turkey. It also marks a major step towards the supply of our recently announced paper mill project in Kütahya," said Andreas Walser, MD of Hamburger Recycling Division.

Including the additional recycling site, Hamburger Recycling reaches a total recycling capacity of 145,000 tonnes of paper for recycling per year in Turkey.

Hamburger Recycling is part of Austrian based Prinzhorn Group, which employs 6.300 people in 15 countries and ranks among the European market leaders in the packaging, paper and recycling industry.

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