Sofidel, to accelerate its growth in the USA, has acquired a paper mill from ST Paper in Duluth, in Minnesota, United States, having a production capacity of 65,000 metric tons per year.
Jan 04, 2024
Sofidel, the world’s leading manufacturer of paper for hygienic and domestic use, has acquired a paper mill from ST Paper in Duluth, Minnesota. The plant has a production capacity of 65,000 metric tons per year and has eighty employees. The mill uses advanced technology and the latest machine from Andritz started in January which is highly efficient and fully operational.
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The new investment comes a few months after Sofidel made an organic growth investment to expand its integrated plant in Circleville, Ohio. The project, which has already been launched, involves the construction of a new building to house a new machine (with a production capacity of 70,000 metric tons per year), which is scheduled to come into operation in the third quarter of 2025. By that time, with 200 thousand metric tons of annual capacity, Circleville will become Sofidel’s largest production site worldwide.
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Mr. Luigi Lazzareschi, Sofidel CEO, said, “This is an important acquisition, allowing us to immediately meet the growing demand, which saw a significant upturn in 2023. What we are acquiring is a technologically advanced plant that further improves our geographic coverage and creates the conditions to strengthen and sustain growth in what is our main market.”
