Palm invests £80 million
At its paper mill in King’s Lynn Palm Paper inaugurated two major investments that will increase its sustainability and reduce the carbon footprint of the site.
The PSP is an investment of £20 million and separates deinking material from brown cartonboard and other paper grades. A conveyor belt delivers the deinking material to the raw material storage of the paper mill. The remaining cardboard is sold on the open market, preferably to UK cardboard mills.
The new CHP plant, a £60 million investment, generates electricity for the mill and also steam which heats up the drying cylinders of the paper machine. Using this technology Palm reduces annual CO2 emissions by 80,000 tonnes per year.
The official inauguration was held in conjunction with the mills 10th anniversary. 150 invited guests attended the occasion.