Jan. 29, 2021 - The Board of Directors of BillerudKorsnäs has decided to invest approximately SEK 2.6 billion (approx. USD 312.2 million) in a new recovery boiler for its paper mill in Frövi, Sweden.
BillerudKorsnäs said the new recovery boiler will contribute to an environmentally improved, stable and efficient production system for pulp and board produced at the mill.
"The Frövi mill is a strategic asset for BillerudKorsnäs and the investment is a good platform for future development, explained Christoph Michalski, President and CEO of BillerudKorsnäs.
"A new recovery boiler will improve environmental performance, increase energy production and create possibilities for increased efficiency and integration of the mill," he added.
The investment is planned to be financed by cash flow from operating activities.
BillerudKorsnäs expects the new recovery boiler to be in operation at the end of 2023.
The Frövi/Rockhammar site is an integrated pulp and paper facility. In Rockhammar, unbleached and bleached CTMP (chemithermomechanical pulp) are produced for delivery in bundled form to Frövi, where the mill primarily produces cartonboard and liquid packaging board. The mill's annual production capacity is 470 000 tonnes.
BillerudKorsnäs is a leading producer of primary fibre-based packaging materials with customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4,500 employees in over 13 countries. To learn more, please visit: www.billerudkorsnas.com.
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