Parcel signs a multiannual agreement with Rakta


The Czech paper machines manufacturer Parcelsigned a contract for the modernization of the paper machines used by the Egyptian paper company Rakta. Based on the plan, the machine should be relaunched in May 2020. Papcel did not reveal the value of the contract. In any case, the Czech producer said that negotiations had been going on with the Egyptian company for more than three years. Thanks to the modernization, Ratka’s paper machines will reach a capacity of 200 tons a year.