Norske Skog has made the final investment decision to convert a paper machine at its Golbey mill in France, from newsprint to recycled containerboard.
This is the second major step for Norske Skog to establish itself as a leading independent recycled containerboard supplier in Europe. The conversion at Golbey will add a further 550,000 tonnes of containerboard capacity, bringing Norske Skog’s total capacity to 760,000 tonnes.
“We are proud to confirm that the second of our two announced containerboard projects has been approved by the board and received financing commitments from quality banks in the Nordics and Europe,” says Sven Ombudstvedt, CEO, Norske Skog. “Golbey and Bruck will together supply 760,000 tonnes of lightweight containerboard, produced from green energy and 100% recycled materials. The packaging business will become an important and strong part of Norske Skog’s business going forward.”
As reported in June 2020, Norske Skog will introduce 760,000 tonnes of recycled containerboard capacity in Europe by investing approximately €350m to convert Golbey PM1 and Bruck PM3 (Austria). The final investment decision for the conversion of the Bruck PM3 was announced on 23 April 2021. Production at Golbey PM1 will start in the fourth quarter of 2023, about one year after the start-up of the Bruck PM3.