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2016-08-17 00:00:00
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According to the local media, Svilosa AD has plans to invest around €125 million to expand and develop the plant based in Svishtov. From various media outlets, a meeting took place between the main shareholder of the plant and the authorities as well as their employees.
If successful, the capacity for pulp and paper within the plant will increase to 200ktpa with a first target of 150ktpa. In order to do this, €30 million will be spent on a new biomass-based co-generation turbine and boiler whilst double this amount will go towards a black liquor recovery boiler. In the meeting, the main shareholder Mr Datchev also revealed plans to attract new partners towards the company.
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