DOCSLIB.ORG

Energy Consumption

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Energy Consumption Energy During the last year the issue of energy consumption and consumption Norske Skog is work- tions of 3-5% per tonne of TMP greenhouse gas emissions has ing on various ways of are achievable after installation of saving energy, and many advanced control equipment. become even more pressing. different projects have Energy saving projects at the mills The production of paper demands been initiated. have received support from various The production of authorities in several countries. One high energy consumption, thermo-mechanical example is a project at Norske Skog pulp (TMP) is the Skogn, described on the next page. there are however many different most energy de- The recovery of heat from the manding part of the Norske Skog Albury TMP plant has 450 ways to reduce consumption, with production process. allowed it to reduce the consumption 400 In this process the of natural gas whilst at the same time 350 particular focus on energy savings 300 wood fibers are generating CO2 credits. separated by me- 250 and alternative energy sources. 200 NEW DEVELOPMENTS 1000 chanical process- 150 900 ing of the wood. Many of the projects Research has been undertaken on 100 800 50 450 and research are focused on reduction woodchip pretreatment combined 700 405 of energy consumption in this phase. with various refining techniques. 600 0 100 360 500 There is also focus on increasing use This has delivered promising energy 315 400 80 270 of recycled10 % fiber as a replacement for reduction results and is now in an 300 225 the more energy demanding TMP. implementation phase in a number of 200 8 % 60 180 Energy reduction projects in the locations. 100 450 135 6 % 0 400 40 TMP process have been approved at Norske Skog is also in discussions 35 90 350 two mills.4 % Extensive trials conducted regarding the potential for a new 45 300 30 20 0 at our plants2 % indicate that reduc- power station based on natural gas 250 25 0 200 0 % 1000 20 150 900 15 -2 % 100 800 50 450 700 10 3500 100 405 600 0 5 100 360 Energy consumption by source 3000 Europe 500 Australasia 3000 35 80 0 315 400 30 2500 Total 12 100 GWh, 3.57 MWh/tonnes Total 4 120 GWh, 5.15 MWh/tonne 2500 80 270 10 % 300 60 225 200 2000 25 2000 8 % 60 180 100 20 1500 40 135 6 % 1500 0 450 40 90 1000 35 15 400 4 % 1000 20 45 10 500 350 30 20 0 2 % 500 300 0 0 25 5 0 250 45 0 % 0 20 0 200 40 1000 15 -2 % 150 35 900 Purchased electricity 52% Purchased electricity 53% 30 100 100 10 800 12 % Fossil 16% Fossil 23% 100 Purchased electricity 51% 3500 50 25 450 3500 700 10 % 5 Fossil 21% Bio 14% Bio 1% 80 20 405 3000 600 3000 0 35 3000 8 % 80 0 Recovered from TMP 13% 10Recovered0 from TMP 2% 15 360 Bio 13% 500 6 % 2500 30 2500 2500 60 315 Recovered from TMP 8% 400 Other 5% Other 21% 10 60 4 % 80 270 25 10 % 2000 5 2000 2000 Other 7% 300 2 % 40 225 200 0 20 1500 40 1500 8 % 0 % 60 180 1500 100 15 -2 % 1000 20 135 1000 6 % 0 20 1000 40 90 -4 % 35 500 10 500 4 % 0 45 500 -6 % 0 30 5 0 20 0 0 45 2 % 8 0 NORSKE SKOG SUSTAINABILITY REPORT 25 0 0 40 0 % 20 35 15 30 -2 % 100 12 % 25 3500 10 10 % 100 80 20 3500 3000 8 % 5 15 3000 35 6 % 3000 2500 80 60 0 10 4 % 30 2500 2500 5 2000 2 % 60 40 2000 0 25 2000 1500 0 % 1500 20 -2 % 40 20 1000 1500 15 -4 % 1000 500 1000 20 0 -6 % 10 500 0 500 0 0 5 45 0 0 40 35 30 100 12 % 25 3500 10 % 80 20 3000 8 % 15 6 % 2500 60 10 4 % 5 2000 2 % 40 0 1500 0 % -2 % 20 1000 -4 % 500 0 -6 % 0 ENVIRONMENT Investing NOK 330 million Norske Skog is to invest NOK 330 million at its Norske Skog Skogn mill in mid- Norway in order to boost its competitive- 450 450 400 ness and further improve the quality of 400 350 and biofuel at Skogn. The steam from an energy source, and are shift- the paper it produces. The project will cut 350 300 the power station would be utilized in ing to alternative sources, such annual electricity consumption at the mill 300 250 the production process at Norske Skog as biofuel where possible. Oil by 7%. State-owned company enova is 250 200 1000 contributing NOK 50 million to the work. 200 Skogn. consumption in1000 the two Korean 150 900 The project will commence this year, 150 Norske Skog Tasman in New Zealand mills reduced by900 18% from 2005 100 800 100 800 and is due to be completed by the end 50 450 is situated in a geothermal area, and to 2006.700 An additional reduction 50 450 700 of 2009. 405 600 0 the company was instrumental in of 17% is expected in 2007. 0 405 600 100 360 500 The project will allow for increased 100 360 securing local authorities’ approval Energy management500 is in- 315 400 use of fi llers and recovered paper in the 315 400 80 10 % for the construction of a geothermal cluded in the new global project 270 300 80 10 % production process. This will enhance 270 300 225 200 power plant there. Construction has Norske Skog Production System 225 8 % 200 the mill’s competitiveness60 while meet- 180 100 8 % 60 180 started, and the power plant will be (NSPS). This will100 enable all of the 135 0 ing customer requirements for a larger 6 % 135 0 40 6 % fi nished at the end of 2008. mills to share the best technical 35 90 proportion of recycled40 fi bre in their 35 90 4 % and operational resources, and newsprint. 45 4 % 30 45 20 0 30 20 0 2 % BIOFUEL assist with the implementation of 25 2 % Where possible organic waste from the best practice. 0 25 0 % 0 20 0 % production processes is used as biofuel 20 15 -2 % 15 -2 % at the mills. In addition, several mills 10 10 purchase biofuel. Norske Skog is a 3500 100 3500 100 5 leading producer of bioenergy. 5 3000 3000 35 3000 The re-use of heat energy from 3000 80 0 35 80 0 30 2500 2500 30 2500 2500 the TMP process for paper production 60 2000 25 2000 60 2000 25 2000 is a strategy that is given high prior- 20 1500 40 20 1500 ity, in part to reduce greenhouse gas 1500 40 1500 1000 15 emissions. 15 1000 1000 20 1000 500 20 10 In Asia the mills are using less oil as 500 10 500 0 0 5 500 5 0 0 45 0 45 0 0 40 0 40 450 35 35 400 30 100 12 % 30 100 350 12 % 25 3500 10 % Norske Skog use of fossil fuels 25 300 3500 South-America Asia 80 20 10 % 3000 8 % 80 20 (kWh/tonne paper) 250 3000 8 % Total 1 360 GWh, 4.57 MWh/tonne Total 3 600 GWh, 2.30 MWh/tonne 15 6 % 15 2500 60 200 6 % 10 2500 1000 60 4 % 10 150 2000 4 % 900 5 2000 2 % 40 5 100 0 2 % 800 40 1500 0 % 0 50 1500 450 700 0 % -2 % 20 1000 405 600 0 -2 % 20 1000 100 360 -4 % 500 500 -4 % 0 500 315 -6 % 400 0 0 -6 % 80 270 10 % 300 0 225 200 8 % 60 180 100 Purchased electricity 57% Purchased electricity 44% 135 6 % 0 40 90 Fossil 0,3% Fossil 42% 2002 2003 2004 2005 2006 35 4 % 45 Bio 42% Bio 14% 30 Oil 20 0 2 % Gas 25 0 0 % Coal 20 15 -2 % 10 3500 100 5 3000 3000 35 80 0 30 2500 2500 9 NORSKE SKOG SUSTAINABILITY REPORT 60 2000 25 2000 20 1500 40 1500 1000 15 1000 20 500 10 500 0 0 5 45 0 0 40 35 30 100 12 % 25 3500 10 % 80 20 3000 8 % 15 6 % 2500 60 10 4 % 5 2000 2 % 40 0 1500 0 % -2 % 20 1000 -4 % 500 0 -6 % 0.
Load more

Recommended publications
  • Catalyst Paper Generates Outstanding Savings and Improves Product Quality with Honeywell’S Advanced Control Solution
    Catalyst Paper Generates Outstanding Savings and Improves Product Quality with Honeywell’s Advanced Control Solution “Investing in a state-of-the-art advanced control solution from Honeywell has permitted Catalyst Paper to gain increased control over our operating systems while saving millions of dollars each year in raw materials and energy. And we have been able to accomplish all this without sacrificing the high quality of the various products we produce.” Dwight Anderson, Senior Process Control System Specialist, Catalyst Paper Benefits Catalyst Paper sought to find ways for its thermo-mechanical pulp (TMP) process to reduce dependence on kraft consumption and improve process efficiency at its Canadian Elk Falls facility. In order to maintain the company’s high quality expectations, Catalyst wanted to find new, leading-edge ways to reduce kraft consumption, because of its expense, without sacrificing any of the mill’s end-product standards. To achieve cost savings without sacrificing product quality, The Elk Falls Division is located on the Pacific coast of British Columbia, Catalyst Paper called upon Honeywell to partner with them in Canada, near the city of Campbell River on Vancouver Island developing an advanced control solution to improve their pulp quality. Background Some of the benefits realized by Catalyst Paper after the Catalyst Paper Corp., as it has been known since 2005, was implementation of Profit Controller include: formed from the amalgamation of several predecessor companies and acquisitions—including British Columbia Forest • Improved pulp quality by decreasing pulp freeness variability Products, Fletcher Challenge Canada, Norske Skog and by 41% and pulp mean fiber length variability by 21%, Newstech Recycling—each with its own rich history.
    [Show full text]
  • Optimisation of the Norske Skog Activated Sludge Wastewater Treatment Plant at Boyer: the Role of Trace Metals and Vitamins
    Optimisation of the Norske Skog activated sludge wastewater treatment plant at Boyer: The role of trace metals and vitamins Jason Barnett BEnvSc (Honours) Submitted in fulfilment of the requirements for the degree of Doctor of Philosophy School of Chemistry University of Tasmania June 2013 Declaration I declare this thesis contains no material which has been accepted for a degree or diploma in any other tertiary institution, except by way of back ground information and duly referenced in the thesis. To the best of the candidate’s knowledge and belief, no material previously published or written by another person is included in the text of the thesis except where due reference is made in the text of the thesis. This thesis may be made available for loan and limited copying in accordance with the Copyright Act 1968. 30th June 2013 Jason Barnett Date ii | P a g e Abstract In January 2008 Norske Skog, Boyer (NSB) , Tasmania, commissioned an activated sludge (AS) wastewater treatment plant to lower the chemical oxygen demand (COD) and suspended solids (SS) in the treated effluent discharged from the mill. In October 2009 the company also changed the feed stock of the mill from a mixed Pinus radiata and Eucalypt to solely P. radiata, altering the pulping process. The cold caustic soda (CCS) plant was decommissioned and replaced with an additional thermo-mechanical pulping (TMP) plant. Trace metals in the mill wastewater samples were analysed before and after this transition to detect any differences due to the changed feedstock and operating conditions, and to determine if metal levels were sufficient for optimum operation of the AS wastewater treatment plant.
    [Show full text]
  • Arbeidsgruppen for Treforedlingsindustrien Kartlegging Av Muligheter Og Rammevilkår for Treforedlingsindustrien
    Arbeidsgruppen for treforedlingsindustrien Kartlegging av muligheter og rammevilkår for treforedlingsindustrien 10.5.2012 1 Innhold 1. Innledning .......................................................................................................................... 3 1.1. Bakgrunn for arbeidsgruppen .................................................................................. 3 1.2. Arbeidsgruppens mandat, sammensetning og arbeid ............................................ 4 2. Hovedtrekk i utviklingen i treforedlingsindustrien ....................................................... 5 2.1. Nærmere om treforedlingsindustrien ...................................................................... 6 2.2. Muligheter ved omstilling til ny produksjon og investeringer i nye produkter 11 3. Råvaresituasjonen og norsk skogpolitikk ..................................................................... 12 3.1. Tilgang, avsetningsvilkår og markedssituasjonen for tømmer og trevirke ....... 13 3.2. Innsatsfaktoren tømmer og effektive transporter er viktig for treforedlingsindustriens kostnadsmessige konkurransekraft ............................ 15 3.3. Regjeringens virkemidler som skal bidra til stabil og konkurransedyktig forsyning av trevirke ................................................................................................ 17 4. Rammevilkår innenfor områdene energi og miljø ....................................................... 18 4.1. Rammevilkår på energiområdet ............................................................................
    [Show full text]
  • ANNUAL REPORT 1997 1 Main Figures Per Area
    NORSKE SKOG ANNUAL REPORT 1997 1 Main figures per Area 1997 1996 1995 1994 1993 1992 1991 1990 1989 Area Paper Operating revenue NOK million 9,284 9,493 8,066 5,831 4,731 4,773 5,855 6,733 5,768 Operating profit NOK million 1,134 2,078 1,708 454 469 95 656 721 398 Operating margin % 12.2 21.9 21.2 7.8 9.9 2.0 11.2 10.7 6.9 Area Fibre Operating revenue NOK million 1,376 1,222 2,171 1,498 1,052 1,202 1,247 1,709 2,025 Operating profit NOK million 49 -127 682 178 -187 -176 -164 327 615 Operating margin % 3.6 -10.4 31.4 11.9 -17.8 -14.6 -13.2 19.1 30.4 Area Building Materials Operating revenue NOK million 2,667 2,579 2,333 2,048 1,704 1,688 1,725 1,960 1,911 Operating profit NOK million -16 27 96 146 85 64 9 107 93 Operating margin % -0.6 1.0 4.1 7.1 5.0 3.8 0.5 5.5 4.9 Operating revenue per market Operating revenue per product Rest of Other world 8% 2% Pulp 8% Norway 23% Newsprint Special grades 1% USA 10% 40% SC magazine paper 20% Other Europe 25% Germany 15% LWC magazine paper 9% UK 11% France 8% Building materials 20% 2 NORSKE SKOG ANNUAL REPORT 1997 1997 Highlights Price decline caused weaker result Growth in sawn timber Expansion in Eastern Europe Prices of paper and pulp fell during the In September, Norske Skog took over In November, Norske Skog took over first quarter of 1997.
    [Show full text]
  • From Waste to Value
    4 New path development for forest- based value creation in Norway Antje Klitkou, Marco Capasso, Teis Hansen and Julia Szulecka 4.1 Introduction This chapter focuses on path development in the forest-based industries of Norway, based on the valorisation of side- streams and residues. Forest- based value creation is one of the main avenues for the emerging bioeconomy in Norway and the neighbouring Nordic countries Sweden and Finland. Historically, the forestry sector has been an important part of the Norwegian economy, both in terms of GDP and employment. The sector contributed 10.4% of Norwegian GDP in 1845 (Grytten, 2004, p. 254). After the discovery of oil and natural gas on the Norwegian shelf, the importance of the forestry sector has diminished. And over the last decade this negative trend has multiplied. For decades, the forestry- based industry in Norway has specialised in pulp and paper production, especially newsprint paper. Therefore, huge volumes of forest resources, including residues and side- streams, have been poured into this industry. However, due to changing global market conditions – the massive deployment of the Internet reducing demand for newspapers – and the rise of competitors in other parts of the world, European pulp and paper production has declined significantly in the last decade (Karltorp & Sandén, 2012). This development has had a tremendous impact on the market possib- ilities of forestry residues, since they can now be processed for pulp and paper to a much lesser degree. Nevertheless, other valorisation pathways exist besides pulp and paper production, such as the wooden construction industry, wooden furniture manufacturing, bioenergy – including solid bioenergy and liquid biofuels – and the production of lignocellulosic chemicals and mater- ials.
    [Show full text]
  • September 2015 City of Powell River – PRSC Limited Partnership
    City of Powell River City Hall – MacGregor Building 6910 Duncan Street, Powell River BC V8A 1V4 Telephone 604 485-6291 ~ Fax 604 485-2913 www.powellriver.ca FILE: 1405-01 September 2015 City of Powell River – PRSC Limited Partnership INFORMATION Background In 2003 the City of Powell River (in conjunction with the Powell River Regional Economic Development Society) and Sliammon Development Corp (SDC) separately approached Norske Skog Canada (now Catalyst Paper) to purchase waterfront industrial lands near the mill. After some discussion, SDC proposed that NorskeCanada and the City come together with it to form a joint venture to pursue development of the lands surplus to mill operations. The conversation between the three parties led to the signing of a Memorandum of Understanding to pursue the formation of a partnership in 2004. After two years of hard work the three parties announced in August 2006 that they had formed PRSC Limited Partnership to take ownership of approximately 800 acres of land no longer strategic to Catalyst Paper Corporation’s operations in Powell River. In return for the lands, PRSC Limited Partnership (LP) secured a mortgage of $4.5 million due on August 1, 2011 at an interest rate of 5% annually (A 4 year extension was secured early in 2011). Each party held shares in the Limited Partnership through wholly owned corporations: • Powell River Waterfront Development Corporation (PRWDC) - owned 100% by the City of Powell River • Tees’kwat Land Holdings Ltd (TLH) - owned 100% by Sliammon Development Corporation • 0606890 BC Ltd - owned 100% by Catalyst Paper Corporation While under Creditor Protection in 2012, Catalyst Paper made an agreement with the PRWDC and TLH to sell its shares in the Limited Partnership and retire the mortgage for the sum of $3.0 million dollars.
    [Show full text]
  • SUSTAINABILITY REPORT 2020 We Create Green Value Contents
    SUSTAINABILITY REPORT 2020 We create green value Contents SUMMARY Key figures 6 Norske Skog - The big picture 7 CEO’s comments 8 Short stories 10 SUSTAINABILITY REPORT About Norske Skog’s operations 14 Stakeholder and materiality analysis 15 The sustainable development goals are an integral part of our strategy 16 Compliance 17 About the sustainability report 17 Sustainability Development Goals overview 20 Prioritised SDGs 22 Our response to the TCFD recommendations 34 How Norske Skog relates to the other SDGs 37 Key figures 50 GRI standards index 52 Independent Auditor’s assurance report 54 Design: BK.no / Print: BK.no Paper: Artic Volum white Editor: Carsten Dybevig Cover photo: Carsten Dybevig. All images are Norske Skog’s property and should not be used for other purposes without the consent of the communication department of Norske Skog Photo: Carsten Dybevig SUMMARY BACK TO CONTENTS > BACK TO CONTENTS > SUMMARY Key figures NOK MILLION (UNLESS OTHERWISE STATED) 2015 2016 2017 2018 2019 2020 mills in 5 countries INCOME STATEMENT 7 Total operating income 11 132 11 852 11 527 12 642 12 954 9 612 Skogn, Norway / Saugbrugs, Norway / Golbey, France / EBITDA* 818 1 081 701 1 032 1 938 736 Bruck, Austria / Boyer, Australia / Tasman, New Zealand / Operating earnings 19 -947 -1 702 926 2 398 -1 339 Nature’s Flame, New Zealand Profit/loss for the period -1 318 -972 -3 551 1 525 2 044 -1 884 Earnings per share (NOK)** -15.98 -11.78 -43.04 18.48 24.77 -22.84 CASH FLOW Net cash flow from operating activities 146 514 404 881 602 549 Net cash flow
    [Show full text]
  • Annual Report Contents
    2014 ANNUAL REPORT CONTENTS SUMMARY AND PRESENTATION 3 3 Key figures 3 Norske Skog 2014 4-5 CEO’s comments 6 Short stories 8-11 Board of Directors 12 Corporate Management 13 CORPORATE SOCIAL RESPONSIBILITY 15 15 Norske Skog and local communities 19 Key figures - employees 2014 20 Paper production 22 Production capacity 22 Evaluation of our environmental performance 23 Sustainable raw materials 24 Energy consumption 26 Norske Skog’s greenhouse gas emissions 27 Our carbon footprint 28 Continuously improving our production processes 29 Water 31 Emissions to air and discharge to water 32 Mill figures 34 Independent auditor’s report 36 Environment and corporate social responsibility reporting 36 REPORT OF THE BOARD OF DIRECTORS 38 38 Organisation 40 CONSOLIDATED FINANCIAL STATEMENTS 42 42 Notes to the consolidated financial statements 50 FINANCIAL STATEMENTS NORSKE SKOGINDUSTRIER ASA 96 96 Notes to the financial statements 102 Independent auditor’s report 116 Declaration from the board of directors and CEO 118 CORPORATE GOVERNANCE 120 120 Shares and share capital 124 SUMMARY AND PRESENTATION 126 126 Key figures related to shares 126 Articles of Association for Norske Skogindustrier ASA 128 Design and layout: pan2nedesign.no // Tone Strømberg Print: 07 Aurskog Paper: Norcote Trend 90 g/m2 - Norske Skog Photo and editor: Carsten Dybevig All images are Norske Skog’s property and should not be used for other purposes without the consent of the communication dept. of Norske Skog KEY FIGURES DEFINITIONS 2014 2013 2012 2011 2010 2009 INCOME STATEMENT
    [Show full text]
  • Annual Report 2011 Norske Skog
    ANNUAL REPORT 2011 NORSKE SKOG NORWEGIAN PAPER TRADITION 2 SUMMARY AND PRESENTATION KEY FIGURES DEFINITIONS 2011 2010 2009 2008 2007 2006 INCOME STATEMENT Operating revenue 18 904 18 986 20 362 26 468 27 118 28 812 Gross operating earnings 1 1 515 1 413 2 185 2 723 3 932 4 704 Operating earnings -2 701 -2 379 -1 325 -1 407 677 -2 527 Net profit/loss for the year -2 545 -2 469 -1 400 -2 765 -683 -3 017 Earnings per share (NOK) -13.36 -12.97 -6.36 -14.33 -3.26 -14.84 CASH FLOW Net cash flow from operating activities 455 397 1 697 1 977 2 166 2 763 Net cash flow from investing activities 470 415 -587 2 289 -1 644 -498 Cash flow per share (NOK) 2.40 2.09 8.95 10.43 11.43 14.60 OPERATING MARGIN AND PROFITABILITY (%) Gross operating margin 2 8,0 7.4 10.7 10.3 14.5 16.3 Return on capital employed 3 -0,9 -3.1 -1.2 0.3 3.0 3.6 Return on equity 4 -28.9 -22.2 -10.9 -18.7 -4.0 -14.6 Return on assets 5 -8.7 -7.5 -3.1 -2.8 1.8 -4.7 PRODUCTION / DELIVERIES / CAPACITY UTILISATION Production (1 000 tonnes) 3 832 3 998 3 895 5 377 6 049 6 078 Deliveries (1 000 tonnes) 3 857 4 013 3 894 5 412 6 027 6 106 Production / capacity (%) 87 89 79 93 95 92 31.12.2011 31.12.2010 31.12.2009 31.12.2008 31.12.2007 31.12.2006 BALANCE SHEET Non-current assets 15 803 19 271 23 546 26 980 29 307 37 577 Current assets 6 171 10 027 9 609 18 211 13 953 7 653 Total assets 21 974 29 297 33 155 45 191 43 260 45 230 Equity 7 433 10 183 12 015 13 632 15 957 18 550 Net interest-bearing debt 6 7 863 8 889 9 595 14 047 16 408 17 320 Gearing (net interest-bearing debt / equity) 7 1.06 0.87 0.80 1.05 1.05 0.96 OPERATING REVENUE GROSS OPERATING EARNINGS NET INTEREST-BEARING DEBT MNOK MNOK MNOK 30 000 5 000 18 000 4 500 16 000 25 000 17 320 28 812 4 000 4 704 14 000 16 408 27 118 26 468 20 000 3 500 12 000 3 932 14 047 3 000 10 000 20 362 15 000 18 986 18 904 2 000 8 000 2 723 9 595 10 000 1 500 6 000 8 889 7 863 2 185 1 000 4 000 5 000 1 515 500 1 413 2 000 0 0 0 20062007 2008 2009 2010 2011 20062007 2008 2009 2010 2011 20062007 2008 2009 2010 2011 DEFINITIONS KEY FIGURES 1.
    [Show full text]
  • Norske Skog Annual Report 2020 / Norske Skog 7 SUMMARY BACK to CONTENTS > BACK to CONTENTS > SUMMARY
    ANNUAL REPORT 2020 We create green value Contents SUMMARY Key figures 6 Norske Skog - The big picture 7 CEO’s comments 8 Share information 10 Board of directors 12 Corporate management 13 Short stories 14 SUSTAINABILITY REPORT About Norske Skog’s operations 18 Stakeholder and materiality analysis 19 The sustainable development goals are an integral part of our strategy 20 Compliance 21 About the sustainability report 21 Sustainability Development Goals overview 24 Prioritised SDGs 26 Our response to the TCFD recommendations 38 How Norske Skog relates to the other SDGs 41 Key figures 54 GRI standards index 56 Independent Auditor’s assurance report 58 Corporate governance 60 Report of the board of directors 68 CONSOLIDATED FINANCIAL STATEMENTS 73 Notes to the consolidated financial statements 78 FINANCIAL STATEMENTS NORSKE SKOG ASA 119 Notes to the financial statements 124 Statement from the board of directors and the CEO 132 Independent auditor’s report 133 Alternative performance measures 137 Design: BK.no / Print: BK.no Paper: Artic Volum white Editor: Carsten Dybevig Cover photo: Adobe Stock. All images are Norske Skog’s property and should not be used for other purposes without the consent of the communication department of Norske Skog Photo: Carsten Dybevig SUMMARY BACK TO CONTENTS > BACK TO CONTENTS > SUMMARY Key figures NOK MILLION (UNLESS OTHERWISE STATED) 2015 2016 2017 2018 2019 2020 mills in 5 countries INCOME STATEMENT 7 Total operating income 11 132 11 852 11 527 12 642 12 954 9 612 Skogn, Norway / Saugbrugs, Norway / Golbey,
    [Show full text]
  • This Is Norske Skog in Words and Numbers
    This is Norske Skog in words and numbers. Norske Skog is a leading Norwegian industrial company which focu- ses on these core areas: printing paper for newspapers and maga- zines, bleached sulphate pulp, and wood-based building materials. The Group has about 5,800 employees, and its operating income in 1996 was NOK 13,265 million. 78% of its income came from export markets, primarily in Europe, but also in the US and the Far East. The Group operates 23 companies in Norway, one mill in Austria and one in France. Its activities are organized in fourAreas: Paper, Fibre, Building Materials and Resources. In printing paper, Norske Skog is one of the world's leading suppliers, with capacity of 2.3 million tonnes in a market that totals about 50 million tonnes. Norske Skog is the third largest manufactu- rer of printing paper in Europe, and the world's fifth largest news- print producer. The pulp sold by the Group is used in the production of printing paper, fine paper and tissue. Norske Skog Bygg AS is Norway's largest producer of building materials: sawn timber for building purposes, board for the building and furniture industries, and flooring products. Since its foundation in 1962, Norske Skog has grown rapidly through mergers with other companies, and major investments in new mills, both in Norway and abroad. Since 1990 the Group has in- creased its printing paper capacity by one million tonnes, or just over 70%. Norske Skog has a sound financial basis, with total assets of NOK 16,623 million, and an equity capital ratio of 45,9%.
    [Show full text]
  • Annual Report
    Future on Paper NORSKE SKOG ANNUAL07 REPORT MAIN FINANCIAL FIGURES DEFINITIONS 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 Profit and loss account (NOK mill) Operating revenue 27 118 28 812 25 726 25 302 24 068 23 471 30 354 26 635 18 054 14 908 Gross operating earnings 1 8 395 3 932 4 220 4 303 4 686 5 198 8 419 6 599 3 818 3 103 Operating earnings 677 (2 527) 630 757 1 536 1 306 5 096 4 211 2 129 1 780 Earnings before financial expenses 2 785 (2 275) (51) 868 1 383 1 833 5 581 4 575 2 252 1 948 Earnings before taxation 235 (3 480) (1 004) 210 770 806 3 894 3 021 1 825 1 417 Earnings for the year (618) (2 809) (854) 621 402 1 162 2 494 1 958 300 1 020 Balance sheet (NOK mill) Fixed assets 29 307 37 577 43 740 36 861 39 219 38 197 45 417 43 717 18 828 17 586 Current assets 13 953 7 653 8 293 7 238 7 119 6 769 10 855 17 510 6 086 6 663 Total assets 43 260 45 230 52 033 44 099 46 338 44 966 56 272 61 227 24 914 24 249 Shareholder’s equity incl. minority int. 15 957 18 550 22 679 18 894 19 416 17 921 19 526 22 351 11 727 10 029 Long term debt 21 533 18 802 21 700 20 052 21 402 18 814 30 858 31 906 9 021 9 564 Current liabilities 5 770 7 878 7 654 5 153 5 520 6 210 5 888 6 970 4 166 4 656 Total liabilities and shareholder’s equity 43 260 45 230 52 033 44 099 46 338 42 945 56 272 61 227 24 914 24 249 Net interest bearing debt 16 409 17 321 19 063 16 871 17 759 18 204 22 820 20 535 7 618 7 082 Profitability Gross operating margin % 3 30.9 13.6 16.4 17.0 19.5 22.1 27.7 24.8 21.1 20.8 Net operating margin % 4 2.5 (8.8) 2.4 3.0 6.3 5.6 16.8
    [Show full text]