Nordzucker Post - 8 October 2020
Nordzucker invests in a sustainable future!
Nordzucker has set itself challenging targets with its Sustainability Strategy: phasing out coal by 2030 and converting its plants to renewable energies by 2050! We are thus facing major challenges in realigning our plants in the energy sector. The investments that have now been approved for the coming financial year contribute to these targets. As a first project in the GoGreen area, the Executive Board decided to partially supply the Örtofta plant with steam from the neighboring municipal power plant, which is operated with renewable energies.
The total investments of the Nordzucker Group including its subsidiary Mackay Sugar Ltd. in Australia will amount to around EUR 100 million in the financial year 2021/2022. The share of replacement investments and investments to meet legal requirements is around half of the investment budget. As the largest profitable project, we are continuing the merger of the companies in Sweden. The sugar factory and the speciality location in Arlöv and Örtofta will be gradually merged at the Örtofta location. “I am very pleased that by concentrating on one location, I am making a major contribution to improving our cost structure in Sweden,” explains Axel Aumüller, COO. “With this major project, we are continuing to implement our strategic goal of cost leadership in our strategical field Sugar from Beet.”
In Nordstemmen, the replacement of the press station will be completed for the campaign in 2021. Further profitable investments are the expansion of the sugar house in Opalenica, Poland, as well as various energetic optimizations.