LAAKIRCHEN PAPIER AG 2017 A NEW CHAPTER BEGINS

LAAKIRCHEN PAPIER AG 2017 A NEW CHAPTER BEGINS

A 100 MILLION EURO INVESTMENT AT THE LAAKIRCHEN LOCATION Laakirchen Papier AG is Europe s leading manufacturer of super-calendered (SC) papers. With the mill s entry into the growing packaging paper market, the signs all point to a new direction in 2017. Within the scope of a major investment project, the PM10 in Laakirchen, which at present is used for the production of high-white magazine paper, is to be converted to the manufacture of lightweight corrugated containerboard based on recycled paper. The resulting production will then provide an ideal supplement to the current product portfolio of Heinzel Group s German subsidiary, Raubling Papier GmbH. In a parallel move, the second paper machine at the Laakirchen mill, the PM11, which produces magazine papers, is being enlarged in order to achieve increased output. Moreover, the extensive investment programme will lead to further alterations to the plant premises derived from the need to adapt the mill s technological and logistical procedures in a number of areas. Installation of the new waste paper pulper. The new storage area for waste paper awaiting recycling. Construction of a new, 2,000 m 2 fully automated warehouse for Starboard paper rolls. The three calenders of the PM10 offer room for film presses and the after-drying section. The PM10 s screening section is being replaced.

CONVERSION OF THE PM10 FROM SC PAPER TO CORRUGATED CONTAINERBOARD PRODUCTION August 2017 will witness the start of a new age with the conversion of the PM10 to the production of corrugated containerboard on the basis of recycled paper. Subsequently, the machine will be one of the most modern of its type in Europe. NEW STOCK PREPARATION The pulper has a 140 m 3 capacity and in combination with new stock preparation offers a total output of 1,350 tons per day. NEW HEADBOX The two-layer headbox guarantees first class sheet characteristics, which represent a fundamental precondition for the outstanding paper quality that Starboard promises. NEW WIRE SECTION This is important for the high-speed production of the extensive, 70 to 140 gsm lightweight grammage range. NEW FILM PRESS... for the uniform application of starch on both sides. NEW AFTER-DRYER SECTION... for high productivity and stable machine running. NEW WINDER... for excellent winding quality (diameters of up to 1,500 mm). TECHNICAL DETAILS OF THE NEW PM10 450,000 t Production capacity 7,500 mm Working width 1,600 m/min Maximum speed 70 140 gsm Grammage THE PM1O PRIOR TO MODIFICATION

extended possibilities THE RHINO HAS LANDED STARBOARD STANDS FOR SMART PACKAGING SOLUTIONS The Starboard name is a synonym for the environment-friendly production of top quality corrugated containerboard possessing very high strength, optimum running characteristics and uniform colouring. The related technology has been specially designed for the manufacture of low grammages. Starboard papers provide the perfect basis for the packaging employed for foods, beverages, fresh products, online mail order, electronic and household goods. Moreover, they are also ideally suited to packaging in areas such as the automotive, furniture and chemicals industries, as well as for products in the refrigeration chain and humid environments. Kraft Top Liner Wave IceWave Strong & extremely resilient Cost efficient & eco-friendly Ecological & resistant Unique & moisture-resistant A NEW ERA HAS BEGUN January 2016 August 2016 August 2017 October 2017 The Raubling paper mill, which already has a history dating back over a century, is taken over by Heinzel Group. With Starboard, a new star in the packaging market firmament is born. The decision is taken to modify the PM10 in Laakirchen with the aim of supplementing the existing Starboard product portfolio with lightweight corrugated containerboard. The PM10 in Laakirchen is converted to the production of corrugated containerboard. Initial orders are accepted. The PM10 in Laakirchen becomes operational. Production commences, the first paper is produced and, like that from Raubling, is marketed under the Starboard brand name. We set new standards!

PM11 ENLARGEMENT OUTPUT RAISED TO 350,000 TONS PER YEAR Parallel to the conversion of the PM10, the PM11 machine, which has a current annual output capacity of around 300,000 tons of SC papers, is being enlarged in order to exploit its full potential. In the course of this enlargement an additional, socalled super calender, which furnishes paper smoothness and gloss, is to be put into operation. The focus of the PM11 will be on the production of papers for offset printing using a high percentage of recycled waste paper. Moreover, in future papers for rotogravure printing will also be manufactured. SC papers from Laakirchen will continue to be marketed under the grapho name and be employed for magazines, newspaper supplements, catalogues and advertising materials. TECHNICAL DETAILS OF THE NEW PM11 350,000 t Production capacity 8,950 mm Working width 1,800 m/min Maximum speed 40 65 gsm Grammage THE PM11

Phone: +43 7613 88 00-0 Fax: +43 7613 88 00-9210 Email: laakirchen@heinzelpaper.com Schillerstrasse 5 4663 Laakirchen Austria www.heinzelpaper.com