Lecta is investing in a refuse-derived fuel (RDF) boiler for its Condat mill

Lecta has decided to invest in a refuse-derived fuel (RDF) boiler for its Condat paper mill in France, which will be finished by mid-2024. This is a great energy transformation project that presents multiple environmental and economic advantages, in line with the Sustainability goals that Lecta is working on.

The RDF boiler project is based on circular economy, as we will collect from local sources the waste with high biogenic content that will be used as fuel. This will help to reduce the volume of waste that currently cannot be recovered and would otherwise end up in landfills.

Regarding energy, the new boiler will cover about 50% of the mill’s steam needs. This will increase the mill’s competitiveness because the generation of steam will be much less expensive than with natural gas. In addition, there will be a reduction of gas related CO2 emissions by a total of 55.000 tonnes per annum.

“This energy project is an important milestone in the on-going transition of Lecta towards new growth markets and the utilisation of more sustainable energy. The new boiler will ensure a stable, long-term supply of cost-competitive and 100 percent renewable steam as an alternative to fossil energy sources like natural gas. In addition to the reduction of CO2 emissions, this project will contribute to the advancement of the circular economy. We have found in Kyotherm the right partner to provide us with the financing for this project thanks to their flexibility and transparency” says Gilles Van Nieuwenhuyzen, CEO of Lecta.

The financing of the project has been assigned to Kyotherm, one of the most active actors in the renewable heat projects sector in Europe, who will finance up to EUR 45 million of a total project capex of EUR 56 million.
more at: https://www.lecta.com/en/news/Pages/Lecta-is-investing-in-a-refuse-derived-fuel-(RDF)-boiler-for-its-Condat-mill.aspx

Related Posts

Stora Enso completes the divestment of its Hylte paper site to Sweden Timber

Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint paper capacity by 245,000 tonnes. Using 2022 figures as a benchmark, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 160 million. As announced earlier, Stora Enso will book a disposal loss of approximately EUR 35 million, in addition to an impairment loss of EUR 19 million recorded in Q4/2022 in its IFRS operating profit in Q2/2023, as an item affecting comparability. The final value will be subject to closing date adjustments.

Verso Announces Necessary Actions to Offset Unprecedented Market Decline Due to COVID-19

Verso will indefinitely idle paper mills in Duluth, Minnesota, and Wisconsin Rapids, Wisconsin, while exploring viable and sustainable alternatives for both mills, including restarting if market conditions improve, marketing for sale or closing permanently. The decision to reduce production capacity is driven by the accelerated decline in graphic paper demand resulting from the COVID-19 pandemic. The stay-at-home orders have significantly reduced the use of print advertising in various industries, including retail, sports, entertainment and tourism. According to Fastmarkets RISI, North American printing & writing demand fell by 38% year-over-year in April, and operating rates are expected to drop well below 70% during the second quarter. Verso expects to idle the Duluth Mill by the end of June 2020, and the Wisconsin Rapids Mill by the end of July 2020, resulting in the layoff of approximately 1,000 employees. Verso will continue to supply graphic and specialty papers in roll and sheet form, as well as packaging papers and pulp.
Back To Top
×Close search
Search