Norske Skog has reported that its mill in Golbey, covering the conversion of the PM1 newsprint machine into recycled containerboard paper production is progressing with full strength. However, due to a revised plan for installation tasks, the expected start-up is postponed to the second quarter of 2024, having initially hoped to start up in the final quarter this year. The net project capital expenditure is expected to be €265m.
The conversion of the two newsprint machines at Bruck and Golbey will eventually add 760,000 tonnes of new low-emission packaging paper capacity after ramp-up completion in 2026.
