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Sweden
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Bergs to close Broakulla mill in Sweden
After a strategic review of the operations in Bitus AB, a subsidiary of Bergs, the Board of Directors has concluded that future efforts and investments for increased competitiveness and not least in energy efficiency should be concentrated to the existing facilities in … Continue reading →
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Vida Group says electricity price will affect its production over time
For Sweden’s largest sawmill group, Vida, a price increase of SEK 1/kWh on the electricity price means around SEK 170 million (EUR 16 million) on an annual basis. This corresponds to a cost increase of 10 percent. In the short term, price … Continue reading →
The post Vida Group says electricity price will affect its production over time appeared first on Timber Industry News.