BillerudKorsnäs invests in a new recovery boiler at Frövi
February 3, 2021The Board of Directors of BillerudKorsnäs has decided to invest in a new recovery boiler at the Frövi mill. An investment that ensures long-term operation at the production site.
To secure an environmentally
improved, stable and efficient pulp and board production, BillerudKorsnäs will
invest in a new recovery boiler at the Frövi mill. The total investment is
estimated to SEK 2.6 billion 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,” comments Christoph
Michalski, President and CEO of BillerudKorsnäs.
The investment is planned to be financed by cash flow from operating
activities. In 2021, the negative cash flow effect of the investment is
estimated to SEK 700 million.