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2017-08-10 00:00:00
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Thanks to a recent announcement, we now know that Segezha Group is investing in a Paper Machine 11 (PM11) with the installation and testing phase expected to be completed by September 2017. With the investment totalling €80 million, this accounts for the second phase of their investment plan where the main focus has been on modernisation. Next year, the third phase is set to be introduced with a brand new biomass-based boiler for the Segezha Pulp & Paper Mill. For the company, this is an exciting time after recently joining forces with CAMC to create added-value wood conversion projects across Russia.
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