BillerudKorsnas is expanding its Gruvon paper mill in Grums with a new board machine of 550,000 tonnes annual capacity and rebuilding of the existing pulp mill, in its largest investment ever at SEK 5.7 billion.
ORAB Entreprenad won a contract to deliver pipe installations for BillerudKorsnas' Gruvon mill expansion in Grums, with an order value of about 40 million, starting January 2018.
BillerudKorsnäs added the KM 7 board machine at its Gruvön mill in Värmland, Sweden, with an investment of SEK 5.7 billion, and shut down three older machines. The machine has a capacity of 550,000 tonnes per year and came online in October 2019.
BillerudKorsnäs agreed to acquire Verso Corporation, a North American coated paper producer, for about USD 825 million in cash. The deal is expected to close in the second quarter of 2022, subject to shareholder and regulatory approvals.
BillerudKorsnäs inaugurated its KM7 board machine at the Gruvön mill in Sweden on 3 October 2019, its biggest investment to date. The machine has a capacity of 550,000 tonnes per year.
BillerudKorsnäs agreed to sell 89.9% of Bergvik Skog Öst AB to pension company AMF at an enterprise value of SEK 12.2 billion (US$1.32 billion), debt-free. A 15-year wood supply agreement keeps BillerudKorsnäs as sole buyer of wood from the lands.
BillerudKorsnäs has begun trial runs of KM7, one of the world's largest board machines, at its Gruvön mill in Sweden. The total investment was later estimated at SEK 6.84 billion, including a major mill conversion.
BillerudKorsnäs and ALPLA announced they will form a joint venture in Danish paper bottle company ecoXpac, with equal ownership. The transaction is expected to complete in Q3 2019, subject to regulatory approvals.
ALPLA and BillerudKorsnäs announced a joint venture in Danish paper bottle company ecoXpac, with equal ownership alongside a minority stake held by the founder family. The venture aims to commercialise a fully biobased, recyclable paper bottle.
BillerudKorsnäs and ALPLA announced a joint venture in Danish paper bottle company ecoXpac, with each to own equal shares alongside a minority stake held by the founder family. The venture aims to commercialise a fully biobased, recyclable paper bottle.
NCC signed a cooperation agreement with BillerudKorsnas to carry out nearly all construction work for the KM7 expansion at Grums, valued at about 950 million SEK. The contract was signed in December 2016.
BillerudKorsnas is investing 5.7 billion SEK in a new board machine KM7 at its Grums mill in Varmland, Sweden, with 550,000 tonnes annual capacity expected to start in early 2019.
Säffle-based valve maker Somas received a framework agreement from Billerudkorsnäs covering hand, control, on/off and butterfly valves for the new KM7 board machine at Gruvön in Grums, with deliveries over one year starting autumn 2017.
BillerudKorsnäs will invest SEK 5.7bn (about £516m) in a new board machine at its Gruvön site in Sweden, with a capacity of 550,000 tonnes a year, plus rebuilds at the existing pulp mill. It is the company's largest investment ever.
Finland's Betonimestarit agreed to supply concrete elements and steel structures for BillerudKorsnäs's new liquid packaging board mill near Karlstad, Sweden, a year-long project starting February-March 2017 that will add 5-10 jobs in Iisalmi.
NCC signed a partnering agreement with BillerudKorsnas for earth, foundation and concrete works for its Next Generation packaging board production facility at Gruvon Mill in Grums, Sweden, estimated at about SEK 950 million.
Billerudkorsnäs has commissioned Pöyry to deliver engineering services for a new board machine at its Gruvön mill in Sweden, the company's largest investment ever at SEK 5.7 billion. The machine will have capacity of about 550,000 tonnes a year.
BillerudKorsnäs has contracted Pöyry mill engineering services for a new KM7 packaging board machine at Gruvön, Sweden, with capacity of about 550,000 tonnes a year and start-up in 2019. The investment totals SEK 5.7 billion.
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.