The Board of Directors of Nordic Paper has today decided to invest approximately SEK 850 m at the Bäckhammar mill. The investment will further improve sustainability performance and strengthen the competitiveness of the plant. An important component of the investment is a new wood room providing for both strategic flexibility in raw material sourcing and efficiency gains in the production. The emissions of dust to air will be reduced by more than two thirds through an installation of a new electrostatic filter. The investments are expected to add about SEK 100 m annually to Nordic Paper EBITDA. Further, the investments set the foundation for future growth in production output.
The investments of today’s decision are approved under the current, existing, production permit. A new production permit was granted for the Bäckhammar mill on 31 January 2023. The new production permit was appealed by a third party and has as of today not gained legal force.