# BillerudKorsnäs invests SEK 5.7 billion in new paperboard machine at Gruvön

BillerudKorsnäs decided to build a new paperboard machine with 550,000 tonnes annual capacity at its Gruvön production site, with production expected to start in Q1 2019.

- Type: Investment
- Announced: 2016-12-12
- Where: Gruvön, Sweden
- Value: $660.0M (5.70B SEK)
- Status: announced
- Capacity: 550,000 tonnes of paperboard per year
- Products: liquid packaging board, packaging board, food service board, liner
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [BillerudKorsnäs](https://endata.com/companies/539.md)

## Sources

- [billerud.se](https://www.billerud.se/press--nyheter/nyheter/2016/billerudkorsnas-gor-storinvestering-i-gruvon), 2016-12-12: "Den nu beslutade investeringen om 5,7 miljarder SEK innebär att en ny kartongmaskin byggs vid produktionsanläggningen i Gruvön."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.