€75m loan for green Finnish mill

A €75 million (£54m) loan has been agreed for the construction of a new large-scale bio-product mill in Finland. The European Investment Bank (EIB) and Metsäliitto Co-operative are providing the funds for the mill, which will produce 1.3 million tonnes of pulp per year. The mill will use energy generated from renewable sources and a bark gasification plant […]

Mill and bakery slices fifth off energy budget with risk management

A large mill and bakery has sliced a fifth off its energy budget with a risk management strategy. Energy broker EIC said its client began a two year electricity supply contract starting in October 2013 and is getting 23% savings against its budget. Amy Chambers, Marketing Executive at EIC said: “Through our active Risk Management […]