Svilosa paper mill investing in cogeneration

Planned power and heat generation in paper producer Svilosa AD will be able to burn biomass produced by the waste water treatment plant of the nearby town of Svishtov, on the Danube, Publics.bg reported. The Bulgarian company will invest EUR 30 million in cogeneration. The mill will also be boasting a new substation which should be ready by the end of 2015, Krasimir Datchev, majority owner of Svilosa, told journalists on July 22.

The new cogeneration is part of a vast investment programme worth EUR 250 million. It is meant to boost the production capacity of Svilosa, which exports 95% of the bleached hardwood craft pulp it produces. According to Borba daily, the company is directing its efforts towards sustaining its current production capacity of 150,000 tonnes per year, before going for the 200,000 tonnes milestone.