Arctic Paper invests SEK 285 million in bioenergy in Grycksbo
Arctic Paper has decided to invest SEK 285 million in the expansion and upgrade of the biofuel installation at the mill in Grycksbo. The investment provides annual energy cost savings of SEK 50 million. In addition to electricity and steam, the installation will annually produce 50 kton of wood pellets at an estimated value of approximately SEK 100 million to be sold on the market.“Thanks to the biofuel boiler, Arctic Paper Grycksbo has a low climate footprint and a competitive energy mix. Now we are taking the next step as part of our long-term strategic plan to diversify into green energy.