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Operations & Footprint 3 Nov 2026

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
Gascogne
Sources lesechos.fr FR
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-05 · Edited before publication: The facts and conversions are correct (350 x 1.1267 = 394; 400 x 1.1267 = 451). 'Could pressure smaller European kraft paper producers on price' is speculation the source does not support; rewritten.
  • 2026-11-05 · Edited before publication: The source gives annual capacity of 125,000 tonnes but does not say it is additional, so 'add' is removed from the summary and 'why it matters'. 'Probably the largest in Europe' is attributed to the CEO, Eric Prolongeau. USD conversions are correct: EUR 350m = USD 394m and EUR 400m = USD 451m at 1.1267.