Presentation | Products | Financial Information
 
The ZERITIS GROUP was founded in 1980, by Panos Zeritis. The Group owns and operates 5 Paper Mills and one Consulting/Engineering Organization.
A. THRACE PAPER MILL S.A.- "DIANA"/XANTHI - GREECE No 1 in Tissue (private) in Greece with 20% Tissue market share

B. PISZKEI PAPER MILL S.A "CREPTO"/ LABATLAN- HUNGARY No 1 in Tissue and Fine Papers in Hungary, with more than 50% market shares.

C. ST. ANDRE PAPER MILL S.A BUDAPEST- HUNGARY No 1 in Envelopes and Specialty Papers in Hungary

D. PYRAMIDS PAPER MILL S.A "FLORA"/ CAIRO- EGYPT No 1 in Tissue in Egypt, (62,5% ownership).

E. BELOVO PAPER MILL S.A "BELOVO"/ BELOVO - BULGARIA No 1 in Tissue papers in Bulgaria.

F. PANOS ZERITIS
PAPER INDUSTRY CONSULTANT specialized in tissue
150 IERA ODOS STR.
GR-12242 - ATHENS
TEL.: +30-210-6248700
TEL.: +30-210-6204250/260
FAX: +30-210-8071469

e-mail:
zeritis@zeritis.gr

PYRAMIDS PAPER MILLS S.A.- "FLORA"
6th OF OCTOBER NEW CITY - EGYPT

PRESENTATION

Flora - Pyramids Paper Mills S.A.E, member of Zeritis Group, is a leading producer, converter, and exporter of tissue paper in North Africa, the Mediterranean, and many countries in Europe.

Flora - Pyramids Paper Mills S.A.E produces currently 48.000 tons of tissue paper with 4 paper machines. Our leading exports are the Jumbo Rolls which are supplied to local and international converters and the Flora brand provides tissue products to a wide and growing market. Flora - Pyramids Paper Mills S.A.E exports to Kenya, Ethiopia, Senegal, Kuwait, Malta, Jordan, Emirates, Saudi Arabia, Tunisia, Lebanon, Syria, Algeria, Kenya, Ghana, Madagascar, Cameroon, Libya, Yemen, Ukraine, Eritrea, UK, Palestine, Morocco, Cape Verde, Iraq, Mozambique, Rwanda, Togo, Malawi, Greece, Cyprus, India, Pakistan, Turkey, Ivory Coast, South Africa, Mauritius, Sudan and many other countries.

Established in Egypt in 1984 under Investment Laws 43 and 230, its current location in the new industrial area of 6th of October City has a facility and grounds of 40,000m2.
grid and water from the 6th October ducts and one well.

To facilitate storage and handling of consumer products, 3 floor pallet roads are erected in the 3.000 m2 converted products warehouse to triple its capacity.

Flora - Pyramids Paper Mills S.A.E. has sales and distribution centers in Alexandria, Luxor and Delta to cover all Egypt and the close Arab countries.

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Today Flora - Pyramids Paper Mills S.A.E. shareholders are:

ZERITIS GROUP 62.5%
MISR INSURANCE 25.0%
OTHERS 12.5%

Since 2004 Flora -Pyramids Paper Mills S.A.E. is listed in the Egyptian Stock Market in the unofficial list B.

In 1994 President Mubarak honored with his visit the factory and discussed our prospects and encouraged our expansion with PM2

   

· Pyramids Paper Mills was the first to produce Tissue Paper in Egypt since 1988 with an OVERMeccanica Paper Machine, 254 cm width, 1000 m/min. speed, producing 10,000 Tons per year of Tissue paper.

· In May 1995, a second Paper machine VOITH started to produce, 264 cm width, 1500 m/min. speed, with a capacity of 25,000 Tons/year Tissue Paper, while PM1 the OVERMeccanica was rebuilt to be able to produce MG papers.

· As from November 2005 a third paper machine BELOIT started to produce, 220 cm width, 600 m/min speed, producing 7000 tons per year of tissue paper.

· As from November 2007 a fourth machine OVERMeccanica started to and it will add 13,000 Tons per year over the Mill's current capacity.

Our main paper Machines data are given below:

MACHINE

TYPE OF MACHINE

TYPE OF PAPER

B.W.            gr./m2

Width CM

HB      Trim

Speed

m/min.

Capacity

Tons/Year

PM 1

Over

Tissue/MG

14-50

260

254

900

10.000

PM 2

Voith

Tissue

13.5-40

260

274

1.500

25.000

PM 3

Beloit

Tissue

13-35

213

208

1.000

10.000

PM 4

Over

Tissue/MG

14-50

260

254

1.000

13.000

We are pleased to offer our clients all grades of tissue paper from 14.5 gsm/m2 up to 30.0 gsm/m2 in white, light and deep colors, and MG Paper from 100% virgin pulp material up to 100% recycled materials.

The finished Paper is partly sold in Rolls and Sheets, and partly converted to consumer products, Pocket hankies, Facial Tissues, Toilet Rolls, Towels, Napkins, Specialties and Polyethylene in rolls or bags printed.

The Polyethylene production that integrates PPM with the necessary PE packaging materials with PE extrusion, printing, bag making, and recycling takes place in the main plot.

We are the first paper mill in Egypt to be awarded the ISO 9002 certificate in 1998, and ISO 14001 in 2000. This provides assurance of our efforts in making Flora a better choice for our clientele. 

Flora meets a variety of quantity and quality requests for toilet rolls, kitchen rolls, napkins, facial boxes and coasters.  The Flora pocket handkerchief is the leader in the Egyptian market and is sold extensively throughout Egypt both and exported as well in other countries.

Cooperating with Flora Pyramid Paper Mill's you have our commitment to quality production and service to achieve customers' satisfaction.

The FLORA - PYRAMIDS PAPER MILLS S.A.E. financial data numbers are shown in the following table.

 

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The converting Plant

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