Pioraco, Italy 28 October 2016 -- The latest earthquake in Central Italy damaged one of Fedrigoni's paper mills.

The earthquake that hit the Macerata province in Italy on 26 October also destroyed parts of Fedrigoni's paper mill in Pioraco. According to several media reports, the mill's roof collapsed, damaging the machinery. A company spokesperson estimated that the damage amounts to at least €10m.

Fedrigoni did not wish to comment on the incident and said it would give an update on the situation in about one week

The mill in Pioraco is one of four sites of Fabriano, all located in Central Italy. Fabriano is part of Fedrigoni and produces banknote papers as well as papers for the art, school and office markets. Fabriano's annual production capacity is around 200,000 t.