Delay for Norske Skog Golbey PM conversion

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.

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