Palm Invests More than €20 Million in Eltmann Paper Mill Modernisation

The German paper producer Palm Group is investing more than €20 million to modernise its paper mill in Eltmann, Germany, strengthening the site’s technological capabilities and expanding its product portfolio.

The investment focuses on upgrading Paper Machine 3 (PM3), the larger of the two paper machines at the Eltmann facility. The modernisation includes the installation of new technology designed to improve paper quality and enable the production of high-quality heatset papers used mainly in magazine and advertising print.

With this project, Palm aims to enhance operational efficiency and diversify the range of graphic papers produced at the site. The company described the investment as a clear commitment to the Eltmann location, which has been in operation since 1994 and remains an important part of Palm’s European production network.

The Palm Group, headquartered in Aalen-Neukochen, Germany, is one of Europe’s leading producers of graphic papers and corrugated base papers made from recycled fibres. The family-owned company operates several paper mills and packaging plants across Europe and employs around 4,200 people.

By modernising the Eltmann mill, Palm intends to strengthen its competitiveness in the graphic paper market while improving product quality and expanding its technological capabilities.