|
Nippon Paper to Install New Power Plants at Four Mills
Jan. 20, 2006 - Nippon Paper Group said that it plans to introduce power generation plants running primarily on new energy such as biomass fuel at four of its paper and board mills in Japan.
Location |
Capital Investment |
Scheduled Completion |
Nippon Paper Industries Asahikawa Mill |
¥6.9 billion |
September 2008 |
Nippon Paper Industries Iwanuma Mill |
¥11.5 billion |
November 2007 |
Nippon Daishowa Paperboard Tohoku |
¥5.9 billion |
April 2008 |
Nippon Daishowa Paperboard Yoshinaga |
¥6.7 billion |
April 2008 |
Based on a total capital investment of ¥31 billion ($268 million), Nippon expects to see an investment effect totaling ¥8.2 billion ($71 million) by cutting consumption of heavy oil, the price of which is currently soaring, by 250,000 kiloliters a year. By using scrap wood, scrap tires and RPF as the main fuel, the company also expects to cut fossil fuel-derived CO2 emissions by 240,000 tons a year, equivalent to 3% of total emissions for the entire Nippon Paper Group.
SOURCE: Nippon Paper Group
|