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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




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