DS Smith has announced a multi-year investment package of EUR 145 million to upgrade its Viana paper mill in Portugal. The investment will bring modern papermaking machinery to the mill and will include the rebuild of the existing paper machine, PM4, and the installation of a new state-of-the-art recovery boiler. The new boiler will improve environmental performance by enhancing steam efficiency and recycling steam back into the mill. The investment is part of DS Smith's commitment to reducing greenhouse gas emissions and transitioning to a circular economy. The upgraded Viana mill will play a significant role in meeting this target. The new boiler is expected to start up in early 2025.
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