Investments made Arctic Paper Group has announced that it is allocating funds to develop renewable energy capacities for the company’s manufacturing capabilities.
“Progress in the energy segment continues. At the end of May, a 17 MW expansion of our PV farm in Kostrzyn will be commissioned and we expect to receive permission to install an additional 9 MW in 2025,” said Michał Jarczyński, the firm’s chief executive, as quoted in a statement.
Arctic Paper Group comprises parent company Arctic Paper S.A., Arctic Paper mills and pulp producer Rottneros AB, in which Arctic Paper S.A. has a 51 percent stake.