Prinzhorn Group laid the foundation stone to mark the start of construction works for a new power plant at its paper production site in Dunaújváros. With an investment of about EUR 150 million the power plant will significantly improve energy efficiency of the mill.
The new power plant will enable Hamburger Hungária to further increase its efficiency in the production of top-quality containerboard from recycled paper by reducing energy cost and implementing full-scale recovered paper utilization.
Cord Prinzhorn, CEO of Prinzhorn Holding said: “Our competitiveness in Europe depends on energy solutions with high efficiency and low cost. We are dedicated to the region as we provide packaging for important sectors of the Hungarian economy and for export. Our customers value the environmental advantages of recycled paper and our high product quality in printing and packaging.”
The new co-generation power plant will use solid fuels, including the paper mill’s own residual waste from paper production, but also biomass and coal. The power plant, generating both heat and electricity, will have a capacity of 172 MW in used fuels, 158 MW in generated heat and 42 MW in generated electricity. The power plant will generate energy with an outstanding high efficiency of 75% which, together with the beneficial fuel combination, will decrease the plant’s carbon dioxide emission by 35%.