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Groundbreaking Ceremony for Paper Machine No. 2 for Hamburger Containerboard

Austria, Vienna 26 September 2018 -- The groundbreaking on 26 September marks the end of the preparatory work and the start of the construction phase for the new paper machine no. 2 for Hamburger Rieger GmbH in Spremberg. With an investment volume of around 370 million Euros, the scheme will create 200 new jobs. The new plant's commissioning is scheduled for the second half of 2020.

"In order to continue to grow together with our customers, the expansion of the Spremberg location is an important step.By doing so, we are increasing the capacity in the product segment of white corrugated base paper to more than one million tonnes, and are simultaneously emphasising our 'leadership in white' positioning of the entire Hamburger Containerboard Group", explains Harald Ganster, Managing Director of Hamburger Containerboard.

The planned product range includes white and brown corrugated base papers (testliner) based on 100 % recovered paper. With a width of 7.80 metres, the machine will produce 500,000 tonnes of paper annually. A particularly resource-friendly method of raw material preparation will be used in combination with the patented operation mode of the paper machine.

"The Prinzhorn Group has already invested 420 million euros into sustainable developments to the Spremberg location. The launch of a further expansion stage clearly shows that the cooperation between the authorities involved and the company is working exceptionally well."We're very pleased about this", states Economy and Energy Minister for Brandenburg, Jörg Steinbach.

"With 500 employees at Hamburger Rieger, Dunapack Spremberg and SpreeRecycling, we are closely connected to this location and its residents.The expansion of our paper factory strengthens this connection and transforms the region into one of the most important paper and packaging locations in Europe", adds Cord Prinzhorn, CEO of the family-run Prinzhorn Group.

With the construction of paper machine 2, the Prinzhorn Group is supporting its long-term strategy of growth in line with the "Grow2030" Group vision. Since 2015, this strategy has repeatedly led to strategic investments in Germany and abroad.

Hamburger Rieger - an important part of the European Hamburger Containerboard Group

Hamburger Rieger is part of the Hamburger Containerboard Division within the Austrian Prinzhorn Group. Its product lines RiegerLiner, RiegerTop and SpreeWhite make the company the market leader in the segment of coated and uncoated white top testliner. With 2 million tonnes and seven plants, Hamburger Containerboard ranks among Europe's leading manufacturers of premium corrugated base paper.

The Prinzhorn Group

With its 6,600 employees in 15 countries, the Prinzhorn Group is a European market leader in the recycling, paper and packaging industry. An annual turnover of some 1.4 billion Euros earns the corporation third place in Europe. The family-run company has its headquarters in Vienna (Austria) and is separated into three divisions: Dunapack Packaging (corrugated paper packaging solutions), Hamburger Containerboard (production of corrugated base paper) and Hamburger Recycling (secondary raw material collection and sales).


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