European paper producer Arctic Paper S.A. has concluded a long-term agreement with energy partner Adven Sweden, part of Adven Group, on sustainable energy supply to its paper mill in Munkedal, Sweden. The agreement will reduce carbon dioxide (CO2) emissions significantly and ensure lower, more stable, and predictable energy costs for Arctic Paper Munkedal.
Poland-headed Arctic Paper is a leading producer of high-quality graphical paper in Europe. The site in Munkedal in southwest Sweden, one of the group’s three paper mills, currently uses natural gas as an energy source for its steam production.
The new agreement means that Adven will build, own and operate a steam boiler plant with a capacity to deliver 30 MW.
Energy prices are volatile and there is a significant political risk for the future. This agreement ensures Arctic Paper Munkedal’s long-term competitiveness through lower, more stable and predictable energy costs, it will also strongly reduce our environmental footprint, said Michal Jarczyński, CEO of Arctic Paper.
Expected to be operational in two years’ time, the new plant will mainly be operated on recycled wood and well-defined sorted and recycled materials.
This means that Arctic Paper Munkedal can phase out the use of natural gas, which reduces the mill’s fossil carbon dioxide (CO2) emissions by 60 percent and has a significant positive impact on energy costs.
Our investments in sustainable energy infrastructure generate value to our customers and to society. By applying proven technologies within energy production, we construct customer-specific solutions that are both flexible and takes current market conditions into account. The collaboration with Arctic Paper in Munkedal will be the second larger project for Adven within the pulp and paper industry, after the project with Kotkamills in Finland, and we look forward to continuing to grow within this segment in Sweden, said Ilkka Niiranen, CEO of Adven Sweden.
