German specialty paper producer Feldmuehle announced that it will be switching fuel for steam generation from natural gas to light heating oil during the fourth quarter of 2022.
Feldmuehle said the switch will ensure the continued operation and competitiveness of the mill in the event of a worsening gas shortage and associated sharp rising prices.
The necessary investments of 2.6 million euros will be financed by an extraordinary shareholder contribution.
Feldmuehle and all the authorities that will be involved, as well as suppliers, are working closely together to implement the project in a short time frame and in compliance with all applicable limit values.
In the medium to long term, Feldmuehle said it will continue to pursue future plans to make the mill CO2-neutral, including the use of wind energy, solar energy and geothermal energy playing key roles.
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