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Portucel Soporcel Resumes Pulp Mill Expansion in Cacia After Two Years

Grupo Portucel Soporcel resumed the expansion of its pulp mill in the city of Cacia, Aveiro (Portugal), after a two-year postponement that was attributed to market conditions

Released Thursday, May 29, 2014

Portucel Soporcel Resumes Pulp Mill Expansion in Cacia After Two Years

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Researched by Industrial Info Resources Latin America (Cordoba, Argentina)--Grupo Portucel Soporcel (Figueira Da Foz, Portugal) resumed the expansion of its pulp mill in the city of Cacia, Aveiro (Portugal), after a two-year postponement that was attributed to market conditions. The 56 million-euro (US$76 million) project is scheduled for completion in late 2015.

The project would increase plant capacity 20% to 353,000 tons of pulp per year. The capital for the project was approved in early 2014, and the bidding process for the purchase of new equipment and services will be performed during the second half of the year. The kickoff is expected during the last quarter.

Cacia´s 180-employee plant also produces 38 megawatts (MW) for internal consumption, with any spare electricity sold to the national grid.

Portucel Soporcel Group was founded in 2001 after the merger of Portucel and Soporcel. The group has a total production capacity of more than 1.6 million tons of paper and 1.4 million tons of pulp. The company has two factories in the Portuguese cities of Figueira da Foz and Setubal.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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