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Cartiere Carrara - A family business taking Italian paper production global
Newsweek Europe
|February 18, 2022
In early December global ratings agency Fitch upgraded Italy’s long-term foreigncurrency issuer default rating to ‘BBB’, with a stable outlook, while forecasting economic growth of 6.2% for the country in 2021, faster than previously expected. The ratings agency also predicted 4.3% GDP growth in 2022, due in part to “strong carry-over effects after the re-opening of the economy in mid-2021”.
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Meanwhile, the global tissue paper market is forecasted to grow at more according to market intelligence company RISI, with average consumption per person per year reaching 55kg. Global production is expected to be around 44 million tons this year alone. market players with strong manufacturing and distribution networks. One such company is Cartiere Carrara, headquartered in the Tuscan region of Italy and one of the leading enterprises in Europe when it comes to the integrated production of tissue paper.
“We have been the number one producer of pure pulp tissues in Italy since 1976. We have witnessed all of the major developments,” says Massimo Carrara, president of Cartiere Carrara. “My family started making paper in 1873,” he adds. “The company is still run fully by my family: myself, my brother, and my sons Mario
With seven production sites and 730 employees, Cartiere Carrara currently has a production capacity of 300,000 tons of tissue bars, healthcare facilities, industries, as well as personal and domestic hygiene products.
This story is from the February 18, 2022 edition of Newsweek Europe.
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