€16 Million In Increased Electricity Cost Forces 300 Year Old Swedish Paper Maker To Halt Production
Image Courtesy of Lessebo Paper
Aug 31, 2022 : The electricity cost for Lessebo Paper has unprecedently increased from €3 million to €19 million per year.
The drastically increased electricity price is forcing Lessebo Paper to halt production as of today Wednesday, August 31.
A decision for production will henceforth be taken daily depending on the electricity price.
The spot price for electricity in south of Sweden, has significantly increased for the past months.
Today Wednesday, August 31, the electricity price is at a level of EUR 518,73 per MWh resulting in a daily electricity cost of more than €58,000 for Lessebo Paper.
As a result, on Wednesday August 31, production at Lessebo Paper will be paused.
Going forward a decision for production will be taken daily depending on the electricity price for the upcoming day.
The paper industry is electricity-intensive, and the electricity price increases will most likely, not only affect Lessebo Paper, but several industries in south of Sweden.
“Since autumn 2021, the electricity price has gradually increased, and we cannot see that the increases have slowed down, rather to the contrary. Historically, the winter period usually entails high electricity prices and the fact that we already have record high electricity prices in August is a concern.” Says Jens Olson, CEO at Lessebo Paper.
Lessebo are producers of Lessebo Digital™ a premium uncoated paper developed for digital printing that meets many selection criteria; distinctiveness, surface and feel.
Featuring a rough surface which adds a characteristic paper feeling.
The production of Lessebo Digital is unique and the paper has a surface treatment that will not yellow with time, hence prolonging the shelf life.
The full range from 100gsm to 300gsm is certified for digital printing by HP.
The entire range of Lessebo Design has been produced with the environment in mind and is one of the most climate friendly paper qualities in the world, resulting in being the first paper quality worldwide to be Cradle to Cradle Certified® at Gold level.
Additionally, Lessebo Digital is awarded a Platinum Material Health Certificate by the Cradle to Cradle Products Innovation Institute.
Our wide portfolio of 16 standard embossing patterns from our Lessebo Texture range can be added to any of our papers to create the perfect texture.
About Lessebo Paper
Lessebo Mill is located in a densely forested area right between large shallow lakes in the inland region of Småland.
It is an area characterized by small scale farming and the traces it has left behind.
It is also an area with a long and diverse history of production.
As early as 2000 years ago people utilized the forest and the iron rich lakes to produce iron.
In 1662 Lessebo Mill started as an iron mill; utilizing wood, lake iron and hydropower, which was the first industrial operation in the area.
Slowly during the years, paper took over as the main product.
When paper production started in 1693 the first and most important customer was the newly established naval base in Karlskrona.
This was a long time ago and today Lessebo Paper is a mill with complete focus on forest based products with a modern product mix of graphical papers
https://lessebopaper.com/
