Norske Skog will increase the capacity of wood pellets in New Zealand
The Norske Skog group has decided to invest about AUD 7 million to upgrade the Nature’s Flame wood pellets facility in New Zealand to more than double its annual production capacity to 85,000 tonnes. The increased production capacity will be commissioned in the fourth quarter of 2019. The approval of the 85,000 tonne capacity upgrade is also a building block for potential further expansion of Norske Skog’s pellet operations in New Zealand.
Mr. Eric Luck, Regional President Norske Skog Australasia, comments: “The investment supports Norske Skog Australasia’s ongoing strategy to “Build Our Future from Fibre and Energy”. The additional production capacity is aimed at producing premium industrial grade pellet fuels for both the domestic New Zealand commercial and industrial market, as well as for the rapidly growing Japanese and Korean green energy generation markets.”