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German specialty paper producer Papierfabrik August Koehler said that it intends to invest approximately half a billion Euro by the year 2020 to grow the company, and a primary investment of EUR 300 million is earmarked for the installation of a specialty paper machine with a Yankee cylinder at the company’s Kehl paper mill in Germany, reported PaperAge.  
In a statement the manufacturer announced ‘The off-machine coater will be equipped with multiple cutting-edge coating application technologies in order to help shape attractive market segments in the sector of flexible packaging. The total capacity will be well over 100,000 tons a year.  Koehler will place its focus on flexible paper-based packaging solutions, offering alternatives to brand manufacturers, converters, and printers with its future FlexPack range.’
According to Koehler CEO Kai Furler, installation of the new machine represents a clear commitment to paper and board, as well as the largest individual investment in the company’s 210-year history.  “Our portfolio is profitable, diverse, and focused on further growth,” Furler said, noting that the investments are focused on sustainable and high-volume growth, such as the future market of flexible packaging.”