Papcel to supply equipment to Paper Mill Holding in Uzbekistan

LITOVEL, Czech Republic, Aug. 16, 2011 (Press Release) - The company Paper Mill Holding bought the share of 53 % from the biggest producer of paper and corrugated board - company Promstroykartontorg in the city Angren in Uzbekistan. The production capacity of the company are 100.000 t of paper and 120.000.000 m2 of corrugated board. PAPCEL, a.s. will be main supplier of the equipment for the projects in this paper mill. Thanks to these projects PAPCEL, a.s. will reach the turnover in the amount of USD 8 mio in 2011 and is going to reach the turnover in the total amount of USD15 mio in 2012.