Brief: Daio Paper to invest 21 bln yen to set up new biomass boiler

Daio Paper

22/07/2016 08:15

July 22 (Reuters) - Daio Paper Corp  3880.T :   
     
    * Says the co will invest about 21 billion yen in 
construction of new biomass boiler in Ehime, which will produce 
power via recycling of black liquor 
    * Sees the installed power generating capacity will reach 
about 61,000kW and the new biomass boiler will cut 25,000 ton of 
CO2 per year 
    * Sees the new biomass boiler will start working since 2019 
and the power will be sold to electricity company based on The 
feed-in tariffs (FIT)  
     
     
    Source text in Japanese:https://goo.gl/anh4Ar 
    Further company coverage: 3880.T  
 
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