Vilnius, Lithuania, 2014-11-03 12:58 CET (GLOBE NEWSWIRE) -- As was published on the 29th of July 2014, main resources of the GRIGISKES AB Group in this year is focused on three major projects: projects of two new biofuel boilers in Vilnius and Klaipeda, and new paper machine construction.
Klaipedos kartonas AB has already successfully started to operate its new biofuel boiler in the middle of 2014. Benefit of replacing natural gas to biofuel has pronounced effect for the results of subsidiary and Group. It is reflected in published results of the nine months.
The biofuel boiler‘s construction in Vilnius in GRIGISKES AB was fully completed in October 2014. This construction costed in total LTL 12.6 million (EUR 3.6 million), including received support of LTL 5.95 million (EUR 1.7 million). The capacity of new GRIGISKES AB biofuel boiler is 12 MW. Heating energy of this boiler is planed to be used for growing production capacity demand. Specifically – for the demand of new paper machine is being built. As mentioned earlier, construction of this line is going in full action. At the present time producing line is being assembled, the production will begin already in the juncture of 2014-2015.
Gintautas Pangonis
President of GRIGISKES AB
(+370-5) 243 58 01