Rottneros Mill to Increase Capacity of CTMP by 40,000 Metric Tons Per Year
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Rottneros announced that its Board of Directors has decided to invest approximately SEK 180 million to significantly expand the production capacity of CTMP (chemical thermomechanical pulp) at Rottneros Mill in Sweden.
Rottneros said the decision will increase the mill's current capacity of 125,000 metric tons per year to approximately 165,000 metric tons per year at a relatively low investment cost.
Rottneros explained that the additional volume of CTMP is primarily intended for the growing board and packaging market segments as well as tissue. Given the low investment cost per tonne, Rottneros strengthens its long-term competitiveness in the growing CTMP market.
"The decision to significantly increase capacity within CTMP is a milestone in the continued development of the Rottneros Group as a leading niche player in the global pulp industry," said Lennart Eberleh, President and CEO of Rottneros. "It is also an aggressive next step in the structural transformation of Rottneros Mill after the decommissioning of the groundwood pulp line.
"We assess that the future profitability conditions for CTMP are very good, not least through the steadily growing demand for packaging, which is one of the most important application areas," Eberleh added.
The additional 40,000 tpy of CTMP capacity will come on-line in 2024.
