ECONOMIC INTERPENETRATION / (eu) paper

PAPREC, which specialises in recycling paper, has launched into the plastic collection and recycling business with the purchase of the companies GIMER RECYCLAGE, GIMER REGENERATION and FRC ATLANTIQUE. The plastic business is expected to generate a turnover of FF 60 million in 2001 for 50,000 tonnes treated. Taking its activity as a whole, PAPREC foresees a turnover of FF 1 billion in 2001.