Increased capacity to process recycled waste paper.
Enhanced product quality to maintain the company's competitive position and secure improved margins for its products.
Diversification of the product range.
Increased production capacity.
Creation of 24 additional jobs, including 19 for former nuclear scientists and engineers.
Summary
Joule Ltd. was established by a private entrepreneur, A V Alexandrov, in Seversk in 1999 to process
waste paper into toilet paper and paper towel rolls. A building of 1047 sq m was leased from the
Administration and equipment was purchased in 2002. This was partially funded from four loans from
the City Administration Economic Development Fund.
The company currently processes about 1m rolls per year that is approximately 12% of the market in
Tomsk Region. The company is seeking to expand their production and improve their production processes
to reduce costs and produce other paper products of higher quality including napkins and egg boxes.
To achieve this will require upgrading of some machinery and purchase of new equipment.
Cost
Total cost of the project is £300,000. The DTI is funding a contribution of £132,000.
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