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Interstate Paper Industries Begins Full Operation

07-23-2009 04:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: INDEVCO Group

Interstate Paper Industries

Interstate Paper Industries

(Ajaltoun, Lebanon) 23 July 2009 – Interstate Paper Industries (IPI) in Sadat City, Egypt recently launched operations and exported its first containers of jumbo tissue rolls to Saudi Arabia and Cyprus the beginning of July.

The greenfield tissue mill will produce up to 30,000 MT of premium grade tissue paper annually using imported virgin pulp. Once the PM4 and deinking plants start up in Q2 2010, the additional 30,000 MT of production will rely on waste paper as raw material to produce recycled parent tissue rolls.

Further, the mill's gas-fired power plant will be up and running in August, offering significant savings in cost of energy.

According to Raja Mouracade, IPI Resident Manager,

"IPI is one major project that has been totally engineered and built using INDEVCO’s own internal resources. The key success factor has been the team approach adopted by IPI, Unipak Tissue Mill (UTM), Phoenix Machinery, PMD, and INDEVCO engineers, technicians, procurement and support staff. This team spirit will be further strengthened during the building and erection of PM4 (tissue machine)."

PM4 is expected to start up in Q2 2010.

Interstate Paper Industries, along with Unipak Tissue Mill, is a member of INDEVCO Paper Making division.

About Interstate Paper Industries

Interstate Paper Industries (IPI) manufactures virgin and recycled parent tissue rolls for export to the United Kingdom, Europe, Middle East and Africa. Established in 2008 in Sadat City, Egypt, IPI employs 250 people and produces 50,000 metric tons of jumbo tissue rolls / year.

Press Contact

Nicole Jabre
Communications Specialist
INDEVCO Group
Online Communications Unit
Tellet Al Assafir, INDEVCO Building #1, 2nd Floor
Ajaltoun, Lebanon

Tel: +961-9-230 130 Ext. 1223
E-mail: nicole.jabre@indevcogroup.com
Web: www.indevcogroup.com

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