What is "parenco"

Parenco B.V. is a paper mill located in Renkum, Netherlands, on the shore of the Rhine. The mill was established on the site of an older mill in 1912 by Van Gelder & Zonen. The company operates two paper machines PM1 and PM2. PM1 has a capacity of 265,000 tonnes per year and is used for the production of so-called SC-B paper for magazines and advertising brochures. The other machine, PM2, was idled in 2009 by its then owner due to the declining demand of newsprint paper.This machine will be converted and from mid-2016 will produce about 385,000 tons of packaging paper, intended for the production of currugated board.