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Iggesund is to invest £108m at its paperboard mill in Workington, in order to switch the site's energy supply to biofuels.
Iggesund Paperboard is planning to build a biomass power station fuelled by wood chip at its plant in Workington.
Iggesund has announced plans to invest £12m in the expansion of its paperboard factory in Workington, securing the future of 470 jobs.
Iggesund Paperboard is to install a £1.6m underground chip conveyor and control room for the wood yard at its Siddick plant in West Cumbria.