 On June 4, 2015, the announcement was made that Parenco invests approximately one hundred million euros with its owner H2 Equity Partners in the conversion of its PM2.After the conversion, PM2 will produce about 385,000 tons of packaging paper from mid-2016, intended for the production of corrugated board.One paper machine (PM1) has a production capacity of 260,000 tonnes of publication paper per year.