Rottneros invests 98 million in fossil-free energy

Rottneros Mill produces two different kinds of high yield pulp for paper producers, CTMP and groundwood pulp, and has for many years used oil to dry the pulp. When the new biomass boiler is completed, the biomass will replace all oil used today, and the mill's energy consumption will thus be entirely fossil-free. The new biomass boiler has an effect around 18MW and will replace an older biomass boiler. Supplier of the new boiler will be selected in the near future.

When we’re now investing in a new biofuel boiler, we will also optimize and rebuild our energy system at the mill. It will result in significant energy efficiency improvements and environmental benefits in terms of lower emission levels. The extents of the savings are at least SEK 25 million per year, says Olle Dahlin, CEO of Rottneros Mill.

The capacity-increasing investments Rottneros Mill has previously been granted, within the framework of the Group's strategic development and action plan Agenda 500, in combination with the new biofuel boiler will solidify Rottneros Mill’s position as a world class manufacturer of CTMP and groundwood, says Per Lundeen, President and CEO of Rottneros AB.

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For further information, please contact:

Olle Dahlin, CEO of Rottneros Bruk AB, +46 703 66 73 00

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Rottneros discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The Information was submitted for publication on 4 March 2016 at 08:30 CET.