The long-standing partnership between Toscotec and the Chinese giant Vinda Group has produced a new order for three tissue machines, scheduled for start-up in the second half of 2016.
Toscotec, the Lucca-based supplier of advanced solutions for the tissue and paper industry, has been awarded to provide a major rebuild to the WEPA PM#13 machine located in Cassino, Italy.
Sinergia II, a closed-end fund managed by Synergo SGR (“Synergo”), has acquired a minority stake in Toscotec S.p.A.; the Mennucci family will remain as majority shareholder.
The Italian tissue producer Lucart has successfully started-up its PM4 tissue machine in Porcari (Lucca) after the rebuild committed to Toscotec S.p.A.
The two Toscotec-supplied AHEAD-1.5M ES tissue lines came on stream according to schedule at Vinda’s tissue mills in Deyang, Sichuan and Laiwu, Shandong.
The new tissue line of WEPA Giershagen (Germany) has been started-up on October 27, 2015, far in advance of the schedule and only 13 months after the delivery agreement signing.
