Nip Impressions logo
Fri, Apr 19, 2024 18:17
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Saica Group acquires new facility in Turkey

TURKEY (From news reports) -- Saica Group has reached an agreement with the group Norm Ambalaj to acquire its plant in Sakarya, Turkey.

The acquisition would provide an increase of 75 million square metres in Saica´s corrugated board capacity while increasing its product footprint and product range for the Turkish market. Saica and Norm Ambalaj will continue their collaboration following this partnership agreement.

With the agreement, Saica takes a step forward in its business growth strategy, allowing the group an improvement in its service capacity and an increase in its supply for its customers in Turkey. The deal is still subject to approval by the Turkish anti-trust authorities.

In 2014, Saica entered the Turkish market and since then, the group has made several investment projects to further develop its infrastructures and machinery in the country. The latest investment was the one made in a new corrugator machine in 2017.

"This operation is an opportunity to increase Saica´s value proposition of sustainable packaging solutions in the Turkish market. It will also optimize material and logistics costs for our customers while reducing Saica´s environmental impact", said Pascal Giraud, general manager, Saica Pack, a division of Saica Group.

**********

Onlypulpandpaperjobs.com has taken off like a rocket! Over twenty jobs are posted, in many interesting categories. These jobs are in at least ten different US states. [02.01.19]

****

Employers are on board with Onlypulpandpaperjobs.com. There are twenty plus employers located in ten different US states and two other countries. [02.01.19]


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: