A listed toilet tissue and paper manufacturer has outlined plans to build a new mill as it revealed the outcomes of its strategic review.
Blackburn-headquartered Accrol Group Holdings said that one of the “key opportunities” it has been reviewing is whether to acquire or develop its own paper mill capacity.
A stock exchange statement from the group said it has now taken the decision to proceed with building a mill, having made “considerable progress” in this area during the last six months
Accrol Group Holdings plc (LON:ACRL) is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towel, facial tissue and biodegradable wet wipes. The UK soft tissue market is worth £1.6bn with private label products comprising circa 50%. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year.