UPM Invests In Scottish Paper Mill's Power Plant
UPM will build a new power plant at its Caledonian mill in Irvine (Scotland).
UPM will build a new power plant at its Caledonian mill in Irvine (Scotland).
The new boiler will utilise a 350,000 tonne combination of biomass and site-derived residues as its primary fuel.
The total investment cost will be GBP59 million (approximately EUR88 million).
The new power plant, once started-up in the first quarter of 2009, will continue to reduce UPM's carbon emissions by 75,000 tonnes annually, said the company.
The company has reduced its fossil CO2 emissions by 25per cent during the last 10 years by investing in biofuel-based energy generation and in energy efficiency.
The company's latest investments have been in a new boiler plant at Shotton mill in the UK and power plants at Rauma mill in Finland and Chapelle Darblay mill in France.
The new power plant at Caledonian mill will also assist the Scottish Executive in achieving its 2010 national renewables generation target of 18 per cent.
UPMK said that the investment further reinforces its Caledonian mill site as representing the largest inward investment in Scotland.
The mill's annual production capability is 280,000 tonnes of LWC magazine paper.
The site employs 360 people.
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