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آرشیو برچسب های: Paris Agreement

DS Smith box plant reduces energy use by 20 per cent

DS Smith, a leading provider of sustainable, fiber-based packaging worldwide, recently completed the installation of new steam recycling technology that will reduce energy consumption by 20% in its Columbia, S.C. corrugated packaging facility. This investment is part of DS Smith’s ambitious sustainability commitments to its North American customers.

The new multi-million-dollar Baviera Steam Systems technology installed at the specialty coated box manufacturing plant efficiently recovers condensate typically lost in the corrugation process. Energy savings created through condensate recovery reduces DS Smith’s carbon footprint in Columbia, and the new technology also increases productivity by reducing maintenance downtime at the plant.

 

“Our South Carolina facility makes water-resistant, fully recyclable Greencoat® boxes for fresh poultry and produce providers – agribusinesses that recognize decarbonization as a key factor to their continued success,” said Steven Rose, Managing Director, Packaging, for DS Smith North America Packaging and Paper (NAPP). “With this investment, we are decreasing the amount of natural gas consumed at the facility by 20%, substantially reducing CO2 emissions while also enabling faster throughput.”

 

 

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Valmet has signed a EUR 175 million loan with EIB

Valmet has signed a EUR 175 million loan agreement with the European Investment Bank (EIB). The loan will support Valmet’s Research and Development (R&D) activities to help finance technologies that replace fossil fuels with renewables. The loan agreement is linked to company’s R&D activities in 2023-2026.

The financing aims to enhance the resource and energy efficiency as well as the performance of Valmet’s technology, promote the use of recyclable raw materials and to improve the sustainability of Valmet’s operations. The financing is part of the EIB’s dedicated package of support to REPowerEU – the EU plan to eliminate dependence on fossil fuel imports.

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