Metsae Tissue Corporation
SAGA production starting up at Metsae Tissue’s Dueren mill
Metsae Tissue Corporation 17.05.2011 12:32 --------------------------------------------------------------------------- Espoo, Finland, 2011-05-17 12:32 CEST (GLOBE NEWSWIRE) -- Metsae Tissue, part of the Metsaeliitto Group and a leading tissue and cooking paper supplier Europe-wide, is finalising the full rebuild of paper machine 5 and related facilities in Dueren, Germany. The machine will be dedicated to the production of baking and cooking papers marketed under the SAGA brand. Last November, the company acquired the paper machine, related real estate and infrastructure assets from M-Real. 'The re-engineering project has been successful and the first batches of paper have been produced. During the spring, five converting lines have been installed, too, and production is expected to reach full speed by July this year,' says Michael Paeckner, VP, Regional Operations. Despite the transfer of converting to Dueren, the company will also continue producing baking and cooking base paper at the current location in Maenttae, Finland. The company's SAGA brand represents a completely new way of preparing food. The SAGA assortment comprises versatile food-grade papers as well as cooking accessories for professional kitchens and home cooks. The SAGA concept is continuously being developed and tested in co-operation with chefs around the world. In order to meet the strict quality requirements for food contact papers, the Dueren mill has adopted all necessary quality and hygiene management systems. In line with the Group's strong emphasis on sustainable production and supply, the operations have successfully passed the PEFC and FSC Chain of Custody audits. 'With enhanced production facilities located in close proximity to our customers, we will be able to offer our clientele improved service as well as look into new avenues of innovation for SAGA,' states Raija Moro, SVP, Baking and Cooking. Further information: Hannu Kottonen, CEO Tel. +358 (0) 1046 54959 Email: hannu.kottonen@metsatissue.com Raija Moro, SVP, Baking & Cooking Tel. +358 (0) 1046 47610 Email: raija.moro@metsatissue.com Marja-Leena Dahlskog, Communications Manager Tel. +358 (0)1046 55149 Email: marja-leena.dahlskog@metsatissue.com Metsae Tissue is a leading tissue paper products supplier to households and industrial consumers in Europe. We are also the world's leading supplier of baking and cooking paper products. Our main brands are Lambi, Serla, Mola, Tento, Katrin and SAGA. We have production units based in Finland, Germany, Poland, Russia, Slovakia and Sweden and we have some 3200 employees. Our turnover is EUR 940 million. Metsae Tissue is part of the Metsaeliitto Group. News Source: NASDAQ OMX 17.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Metsae Tissue Corporation FI Phone: Fax: E-mail: Internet: WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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