27 Nov 2023 --- The European Investment Bank (EIB) has signed a SEK1.3 billion (US$124 million) loan agreement with Billerud to modernize and upgrade the company’s Frövi bioproduct mill in Sweden, including replacing a recovery boiler. Billerud says the upgrades will help achieve its environmental sustainability strategy by increasing energy and resource efficiency. Materials made at Frövi mill are used in various packaging applications, focusing on F&B packaging.
