A South Australian regional timber processor has warned thousands of tonnes of softwood resource are bypassing mills and heading to China, despite long-term shortages facing some businesses.
Laakirchen, 26th August 2020 / Following today’s announcement by the Swedish SCA Group about discussions regarding a possible closure of its paper machines in Ortviken (Sweden) and consequently possible effects on various corporate divisions of the group, the Austrian paper manufacturer Laakirchen Papier AG comments on this issue as follows:
SCA intends to invest SEK 1,45bn in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken paper mill in Sundsvall. In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue the production of publication paper at the mill.
The European Investment Bank (EIB) will support The Navigator Company, a major Portuguese industrial group and Europe’s leading pulp and paper manufacturer, with a €27.5 million loan for the construction and operation of a new biomass boiler at their integrated mill facility located in Figueira da Foz, a cohesion region in Portugal.
With the HYFLEXPOWER project, a consortium made up of ENGIE Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities are implementing a project funded by the European Commission under the Horizon 2020 Framework Program for Research and Innovation (Grant Agreement 884229).