EIB signs SEK 1.3 billion loan agreement with Billerud for bioproduct mill upgrade
· The loan supports the environmental upgrade of an existing integrated pulp and paper mill in Frövi, Sweden, including the replacement of an old recovery boiler built in 1969. · The upgrades will reduce emissions, improve energy and resource efficiency and increase renewable energy generation at the mill. · The bioproduct mill produces recyclable and compostable packaging materials from renewable sources for various uses, including stay-fresh food and beverage packaging to substitute for plastics.The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110