Burgo Group's idled newsprint mill in Mantua, Italy may soon be sold and rebuilt into a packaging paper mill, reports Euwid. According to them, packaging groups Pro-Gest and International Paper have apparently submitted a takeover offer for the mill.
Burgo has declined to comment on this information to Euwid, but has confirmed that it intends to sell the paper mill
The existing newsprint machine which has a capacity of 160,000 tpy and a width of around 7 m.
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