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The new corrugated paper plant envisaged by the Algerian group with an international partnership in the province of Saida anticipates reducing 85% of the import bill for this material estimated as USD 220 million.
The new corrugated paper plant envisaged by the Algerian group with an international partnership in the province of Saida anticipates reducing 85% of the import bill for this material estimated as USD 220 million. The Paper and Cellulose Industry Group (GIPEC) launched a call for expressions of national and international interest for the creation of a new paper mill in partnership with an internationally renowned firm with cutting-edge technology, for the implementation of the corrugated paper production (OPP) project with a nominal production capacity of 330,000 tons per year, stated said its CEO, Mohamed Djedi. According to the explanations provided by Gipec’s CEO, this is a project to be carried out over 24 months for an investment of around USD 110 million and intended to create 550 direct jobs.
The complex is expected to help reduce the OPP’s import bill by 85 percent. Algeria imports its entire OPP requirement of 350,000 tons per year, for a value of approximately USD 220 million.
As part of this project, Gipec relies on the supply of the necessary raw materials in the entire national deposit of old paper and cardboard. It is under consideration as a possible extension by upgrading the site at a standstill to cover the entire national need, but also to move towards export.
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Through its subsidiary Papirec, a new center for the recovery of old paper and cardboard will be created in the province of Saida, at the site of the establishment of the new PPO project with a nominal capacity of 5,000 tons/year which can reach 9,000 tons/year, he further explained. The old paper and paperboard recovery center will go into production in November.
