40 - New Paper Machine: Gascogne chooses Andritz

The Gascogne group, a major player in the wood sector in France, present at all stages of the development of forest resources, has placed an order for a paper machine with the Andritz Group, with start-up of the installations planned for 2025. The objective of such an investment (for a total amount of €220 million) is to replace the three oldest machines at the Mimizan site in the Landes with a single machine. For Dominique Coutière Chairman and CEO of the Group. “This is an investment that is both logical and historical (…). In fact, over the past eight years, we have already invested €230 million. This paper machine therefore comes, logically, to continue our policy of investment in production tools. As, in addition, this machine benefits from the latest papermaking technologies, (…) we can be delighted to soon have a tool that will allow us to meet the expectations of our customers and, through them, the new societal aspirations of consumers”. This project brings with it a whole dynamic that affects all of the Group's employees, but also a number of service providers associated with the project. With this investment, the Gascogne Group is part of its Landes territory with a perspective of sustainable and innovative development for the next 50 years.

https://www.groupe-gascogne.com/wp-content/uploads/2023/03/CP-Gascogne-MAP7-230331.pdf