Gascogne

Gascogne invests EUR 350m in 125,000-tonne kraft paper machine at Mimizan

French group Gascogne is investing EUR 350m (USD 394m) in a new kraft paper machine at Mimizan in the Landes, its main industrial site, which chief executive Eric Prolongeau describes as probably the largest in Europe. The 100-metre machine will run at 1,200 metres a minute with annual capacity of 125,000 tonnes, and production is due to start in the second quarter of 2027.

Why this mattersA 125,000-tonne line costing close to Gascogne's annual revenue is designed to make kraft paper faster and more cheaply, raising the cost bar for other European kraft paper producers.

• Investment of EUR 350m (USD 394m) in the new machine
• Machine is 100 metres long, runs at 1,200 metres per minute
• Annual capacity of 125,000 tonnes
• Start-up expected in the second quarter of 2027 at Mimizan, Landes
• Gascogne's group revenue is EUR 400m (USD 451m)
• Group nearly went into liquidation in 2014 before a debt restructuring led by Dominique Coutière

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