Viscofan will invest 75 million euros in Thailand and Czech Republic


The Navarra-based manufacturer and marketer of artificial cellulose casings has announced the forthcoming construction of a new pulp converting centre in Southeast Asia. Meanwhile, in central Europe will redouble its efforts to provide its facilities with greater capacity. In this way, it intends to meet the growing demand detected in this market as well as to improve its service and response time.

Viscofan’s managers reported on their new projects while at the same time giving an account of the company’s results the results obtained by the company in the first half of the year. Thus, up to June, the company has increased its turnover by 10.7 to 628.6 million euros. At the same time, it obtained a 62.9 million and a gross operating profit (Ebitda) of 129 million, which represents a revaluation of 129 million, which represents an increase of 5.6 % compared to the same period of the previous year. The improvement in the price mix and volumes explain these results. In this sense, the president of Viscofan, José Domingo de Ampuero y Osma, stated that his group has registered between January and June last significant year-on-year growth in the main operating figures”. These figures he attributed to “the commercial discipline and production efficiency” shown by Viscofan.

Source: Diario de Noticias