BOX, Sweden--(BUSINESS WIRE)--Regulatory News:
Duni (STO:DUNI) subsidiary Rexcell Tissue & Airlaid AB will invest approximately 110 MSEK, upgrading their two tissue machines in Skåpafors, Sweden. The investment will increase the tissue capacity at Rexcell by approximately 15% annually.
Voith GmbH & CO KG has been selected as supplier. This will be the second installation of a new technology in the world and the first in Europe. With this investment Rexcell will have the possibility to develop a new quality standard for tissue napkins. The plan is to have the new technology installed during the second quarter of 2016.
“As market leader in producing colored tissue for napkins we need to invest in higher efficiency and upgraded materials. This investment will give us the opportunity to develop new products in cooperation with our customers”, says Thomas Gustafsson, President and CEO of Duni AB.
Rexcell Tissue & Airlaid AB is a wholly owned subsidiary of Duni AB. Rexcell manufactures tissue and airlaid material for both Duni and external customers. Operations are conducted at two plants located in Skåpafors in Dalsland.
Duni is a leading supplier of attractive and convenient products for table setting and take-away. The Duni brand is sold in more than 40 markets and enjoys a number one position in Central and Northern Europe. Duni has some 2,100 employees in 18 countries, headquarters in Malmö and production units in Sweden, Germany and Poland. Duni is listed on NASDAQ OMX Stockholm under the ticker name “DUNI”.
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