FDBusiness.com

Arctic Paper acquires 50% of Swedish water energy firm

 Breaking News
  • Florette Further Expands its UK Business In line with its strategy to be a major player within the UK fresh produce category, Florette UK & Ireland (part of the French Agrial group) has acquired the Wigan site of MyFresh Prepared Produce, a producer of a wide range of salad and vegetable products. MyFresh, Wigan, which employs almost 300 people and was [...]...
  • FrieslandCampina Simplifies its Organisation Royal FrieslandCampina intends to simplify its organizational structure into four to be set up global business groups – Consumer Dairy, Specialised Nutrition, Ingredients and Basic Dairy. A less complex structure will enable FrieslandCampina to more decisively respond to the market developments and to innovate better with respect to strategic priorities. The objective of the new [...]...
  • Heineken’s Acquisition of Punch is Cleared The Competition and Markets Authority (CMA) has accepted proposals by Heineken to resolve concerns over its £402.7 million acquisition of Punch Taverns, one of the UK’s largest leased pub companies, with a portfolio of more than 3,500 pubs nationwide. In June, the CMA said that Heineken’s proposed purchase of part of the Punch Taverns estate [...]...
  • Changing Consumer Tastes Drive Long-term Global Sugar Market Slowdown The consumers’ shift away from sugar consumption is an important driver behind significant changes in the food and beverage industry. These changes will have long-term ramifications, including a likely slowdown in the worldwide sugar market, according to the latest report of Rabobank ‘Sweetness and Lite’. A combination of changing preferences, product reformulations and government pressure have [...]...
  • How is the Rise of E-Commerce Changing the Role of Physical Stores? The rise of the internet has allowed retailers to directly connect with consumers from beyond the physical store revolutionising the competitive space more than ever. The world recently saw the acquisition of Amazon and Whole Foods which sent shock waves through the retail industry. This unforeseen merger has put retailers under pressure more than ever [...]...
  • SPX FLOW Appoints Pierre Sbabo as Vice President, Food and Beverage in EMEA SPX FLOW has announced the appointment of Pierre Sbabo as the Vice President of its Food and Beverage business in EMEA. He comes from a strong background in the water and process technology markets with truly international experience. With a Master’s Degree in Marketing and International Business from ESC Chambery, Sbabo has worked for global leaders [...]...

Arctic Paper acquires 50% of Swedish water energy firm

October 09
10:32 2012

Paper maker Arctic Paper’s Mukedals mill has acquired 50% of Kalltorp Kraft.

Kalltorp Kraft is a water energy company running two water power stations in western Sweden with a total annual output of 5 – 5.5 GWh/year.

In a statement, Arctic Paper said that the acquisition of Kalltorp, and planned expansion of the hydro-power station at Munkedal, is in line with the strategy of Arctic Paper to decrease the dependence of purchased energy by increasing internal production.

It also said that it has a strong focus on modern and environmental-friendly energy generation.  Arctic Paper’s Grycksbo mill runs a biofuel power plant and Arctic Paper’s Kostrzyn mill runs a cogeneration gas-fired power station with efficiency over 93%.

Arctic Paper’s Munkedals mill has for many years been running its own hydro-electric power station close to the mill with an annual capacity of 11 – 12 GWh. The company is also projecting an increase in output of the existing water fall with the addition of a new power station with new turbines and generators.

Garry Colyer, managing director of Arctic Paper UK said: “Arctic Paper SA is one of the leading European manufacturers of bulky book paper and graphic fine paper. We are dedicated to ensuring that the environment is an important issue at all levels of our business.These actions make Arctic Paper less dependent on fossil fuels and give us better control of our energy supply.”

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2017drinktec
  • September 13, 2017FI Asia
  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
AEC v1.0.4

The Magazine

F&D Business Preferred Suppliers

Advertisements