{"id":2738,"date":"2024-09-30T06:29:03","date_gmt":"2024-09-30T10:29:03","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=2738"},"modified":"2024-09-30T06:29:03","modified_gmt":"2024-09-30T10:29:03","slug":"uk-and-welsh-governments-confirm-1bn-shotton-mill-redevelopment","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=2738","title":{"rendered":"UK and Welsh governments confirm \u00a31bn Shotton Mill redevelopment"},"content":{"rendered":"


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Officials during the launch of the Shotton Mill project in North Wales. Credit: Eren Holding. <\/figcaption><\/figure>\n<\/p><\/div>\n

Eren Holding, a Turkish conglomerate, has officially launched the Shotton Mill project, a \u00a31bn ($1.33bn) investment in paper production campus.\u00a0\u00a0<\/p>\n

The Shotton Mill facility, upon completion, will enable the UK to shift from being a net importer to a net exporter of containerboard.\u00a0\u00a0<\/p>\n

It will process a quarter of the UK\u2019s waste cardboard that is currently recycled overseas.\u00a0\u00a0<\/p>\n

This aligns with the company\u2019s sustainability goals, as the plant will be energy self-sufficient, featuring a hydrogen-enabled combined heat and power plant.\u00a0<\/p>\n

The project has secured a \u00a3136m Export Development Guarantee from UK Export Finance and almost \u00a313m in funding from the Welsh Government.\u00a0\u00a0<\/p>\n

These funds will support job retention and the production of containerboard using recycled materials from within the UK.\u00a0<\/p>\n

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