OneFortyOne has committed to investing over $11 million in its Jubilee sawmill over the next two years.
“OneFortyOne has invested close to $40 million since purchasing the mill in 2018, on state-of-the-art technology projects such as Sorter Bins, a Lucidyne Scanning System, reducing boiler emissions and upgrading to Continuous Drying Kilns. This most recent commitment will extend to an equipment and technology upgrade for Drymill A, replacing and modernising equipment as it reaches end of life,” said Paul Hartung, General Manager of Jubilee sawmill.
Paul said the new equipment will be manufactured in New South Wales under a licensing agreement, a first for Australia.
“OneFortyOne is committed to ensuring we remain one of the most progressive and efficient mills in Australasia. By investing in new technology, we are continuing towards our objective of valuing every strand of wood fibre that we process.”
OneFortyOne estimates that through this upgrade Jubilee sawmill will reduce its emissions by approximately 268 tonnes of CO2 equivalent annually. These savings will be generated by reduced electricity consumption.
The project is scheduled to begin in 2022 and will take 2 years to complete.
OneFortyOne is a vertically integrated Trans-Tasman wood fibre company. It owns and operates sustainable softwood forests and innovative sawmills in Australia and New Zealand.
