All agreed loans

Sweden. BillerudKorsnäs Aktiebolag

Date of loan: 18 Nov 2015
Country: Sweden
Customer: BillerudKorsnäs Aktiebolag
Amount in SEK: SEK 300 million
Amount in EUR: EUR 32.3 million
NACE sector / loan type: Manufacture of pulp, paper and paper products
Business area: Industries and services

Project

The loan is provided for financing BillerudKorsnäs AB’s R&D, innovation and product development costs for 2015–2019.

BillerudKorsnäs is focusing on developing sustainable and more energy-efficient material technologies that will improve the competitiveness of paper and board packaging in comparison with plastics and aluminium foil.

BillerudKorsnäs AB is a leading provider of renewable packaging material and solutions and is headquartered in Solna, Sweden. Established in 2012, the company employs approximately 4,300 employees and runs eight production units with sales offices in ten countries.

Fulfilment of NIB's mandate

The company is developing new technologies that are expected to expand its range of products and services as well as the quality of its paper and board materials. The new R&D programme is intended to transform BillerudKorsnäs from being a material supplier to a solution provider.

The research programme includes objectives that are expected to lead to a reduced carbon footprint if successfully implemented.

Sustainability summary

No potential for significant negative environmental impact from the project has been identified.

Press release

NIB finansierar BillerudKorsnäs FoU-program