New corrugated production at Aleksin Paper and Board Factory JSC
May 24, at the St. Petersburg International Economic Forum, Governor of the Tula region Alexei Dyumin and First Deputy General Director of the joint-stock company SFT Management Anatoly Safronov signed an agreement on cooperation in the implementation of the investment project “Creation of a new production of corrugated board and corrugated packaging”.
The project involves construction of a new corrugated plant with 310 million sq. m/year of FMCG packaging production capacity at Aleksin Paper and Board Factory. The volume of investments will be about $67 million and it will allow to create 200 jobs.
Recall, in March this year, the Aleksin Paper and Board Factory launched a modernized Board Machine. And in June 2017, during the XXI Petersburg International Economic Forum, the Governor of the Tula region Alexey Dyumin and the Chairman of the Supervisory Board, SFT Group, Anatoly Steinberg signed an agreement providing for reconstruction of the production line of cardboard and paper for printing and packaging industry at the Aleksin Paper and Board Factory.