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Line for processing of TetraPak waste in Serbia – shipment of machinery

Early in July 2011 we signed a contract in Serbia with the company TetraPack Production d.o.o. on delivery of a new line for stock preparation intended for processing of TetraPak waste with its capacity of 20 tpd. The total contractual volume amounts to 764 ths. Euro. In December 2011 we shipped the agreed machinery and equipment. In March 2012 we plan to put the given machines into operation. With this delivery the company PAPCEL is back on the markets of former Yugoslavia. We attribute high importance to this delivery not only for the feed material to be processed but also for the fact that we attain the first reference for processing of wasted TetraPak packages. In addition to that, this delivery is also very important with respect to a new reference in the region of former Yugoslavia.