Italian board mills jointly found procurement company

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A new recovered paper (RCP) procurement company has emerged in Italy. According to joint announcement, the Italian companies Cartiera Merati, Cartiera dell’Adda, Industria Cartaria Pieretti, Cartiera Pirinoli and Cartiera Cama have founded a company called Riexo, which will be granted exclusive rights to supply RCP to these mills and will also sell fibre to other European converters. The Riexo shareholders are manufacturers of greyboard or coreboard with a total RCP consumption of 650,000 tpy, a spokesperson told EUWID....

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