Brief: Norske Skog Skogn Invests NOK 180 Million In New Thermomechanical Production Line

Norske Skog ASA

27/01/2023 06:02

Jan 27 (Reuters) - Norske Skog ASA  NSKOG.OL :
    * NORSKE SKOG SKOGN INVESTS NOK 180 MILLION
    * WILL INVEST AROUND NOK 180 MILLION, AFTER NOK 40-50
MILLION IN
GRANT FUNDING FROM NOX FUND, IN A NEW THERMOMECHANICAL
PRODUCTION LINE
    * A NEW THERMOMECHANICAL PRODUCTION LINE (TMP) THAT WILL
REPLACE
EXPENSIVE RECYCLED PAPER WITH FRESH FIBRE
    * START-UP IS EXPECTED IN FIRST HALF OF 2024.
    * PRODUCTION CAPACITY OF THERMOMECHANICAL WOOD PULP WILL
INCREASE
BY 100,000 TONNES.

Source text for Eikon:  ID:nObiqYRN4a 
Further company coverage:  NSKOG.OL 
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