Arctic Paper - Packaging and power extension strategy
Arctic Paper, one of the leading producers of high-quality graphical paper in Europe, recently unveiled its new 4P strategy for 2022 to 2030. The strategy will reposition Arctic into four key pillars, building on its paper and pulp core businesses to invest and develop in packaging and power. This should enable Arctic to enhance its focus on sustainable solutions (eg reducing plastic waste), and to build its renewable energy business. The strategic investments will move the company up the value chain by adding higher margined packaging and power assets, while retaining its pulp and paper operations. The 4P strategy includes targets for EBITDA to be c 70% higher by 2030 and for Arctic to be carbon neutral by 2035.Arctic Paper is an European producer of bulky book paper, offering the widest range of products in this segment and is a producer of high quality graphic paper in Europe. Co. produces many types of wood-free coated and uncoated paper, wood uncoated paper for printing houses, paper distributors, publishers of books and periodicals and advertising industry. The additional business activities of Co. subordinated to paper production are: production and sales of pulp; production of electric energy; transmission of electric energy; electricity distribution; heat production; heat distribution; logistics services; and paper distribution.
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