Sweden-headed paper packaging materials- and solutions provider BillerudKorsnäs AB has announced that its Board of Directors has decided to invest an estimated SEK 2.6 billion (≈ EUR 257 million) in a new recovery boiler at its Frövi mill. An investment that ensures long-term operation at the production site.
According to a statement, the planned recovery boiler investment aims to secure an environmentally improved, stable, and efficient pulp and board production at the Frövi mill site. The investment is planned to be financed by cash flow from operating activities and the new recovery boiler is planned to be in operation at the end of 2023.
The Frövi mill is a strategic asset for BillerudKorsnäs and the investment is a good platform for future development. A new recovery boiler will improve environmental performance, increase energy production and create possibilities for increased efficiency and integration of the mill, commented Christoph Michalski, President, and CEO of BillerudKorsnäs.
