UPM-Kymmene Corporation this afternoon said that it is to invest 78 million (127 million Euros) in a new recycled fibre pulp facility at its Shotton Paper Mill site in North Wales.
A statement from the company said: “the UK government's Waste & Resources Action Programme has awarded a financial support to the project. The investment will convert Shotton Paper, the UK's largest newsprint mill, to 100% recycled fibre.”
UPM-Kymmene says that the new recycled fibre pulp mill will require an additional 320,000 tonnes per annum of recovered newspapers and magazines. “This will involve nearly four million additional households in new local authority recycling schemes helping to achieve the total quantity of recovered fibre utilised at the Shotton Mill to 620,000 tonnes per annum. The new collections will be sourced primarily from local authority areas where there are currently low levels of paper recovery from the waste stream, and therefore supports the UK Governments waste strategy objectives.
The new recycled fibre pulp facility is scheduled to be commissioned in September 2003, with full production achieved by April 2004. To ensure the efficient flow of recycled fibre from new local authority recycling schemes, contract agreements and collection development will commence immediately.
The company said: “This investment creates further opportunity for UPM-Kymmene to achieve its business objective of economic growth based on the principles of sustainability, which complements a wider economic, environmental and social agenda of the UK Government, whilst simultaneously ensuring the optimal use of the UK's fibre resource.”
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