Brief: Arctic Paper Invests SEK 285 Mln In Bioenergy In Grycksbo

Arctic Paper SA

09/08/2023 16:52

Aug 9 (Reuters) - Arctic Paper SA  ATC.WA :
    * ARCTIC PAPER INVESTS SEK 285 MILLION IN BIOENERGY IN
GRYCKSBO
    * INVESTMENT PROVIDES ANNUAL ENERGY COST SAVINGS OF SEK 50
MILLION
    * ARCTIC PAPER - INSTALLATION WILL ANNUALLY PRODUCE 50 KTON
OF
WOOD PELLETS AT AN ESTIMATED VALUE OF APPROXIMATELY SEK 100
MILLION TO BE SOLD ON MARKET
    * INVESTMENT WILL BE FINANCED BY BANK LOANS AND EQUITY

Source text for Eikon:  ID:nWkr5NQHRF 
Further company coverage:  ATC.WA 

 ((Reuters.Briefs@thomsonreuters.com;))