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Stora Enso Ingerois Mill to Improve Operational Performance with BTG’s dataPARC

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For the mill in Ingerois, Finland, Stora Enso will implement dataPARC software for the board production line, which marks an important part of the digital transformation journey of the company. April 6, 2022 Stora Enso Ingerois mill and BTG have agreed to implement the dataPARC solution for the board machine......
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Stora Enso Planning to Divest Four of its European Paper Mills

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The four Stora Enso production sites are subject to divestment either in one or a series of transactions. The Langerbrugge site in Belgium, which produces recycled newsprint and recycled supercalendered magazine grades, will be retained in the Group. March 30, 2022 Finland-headquartered Stora Enso has initiated a sales process as......
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Stora Enso exploring expansion opportunities in Renewable Consumer Packaging Boards

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Post-conversion, the planned production capacity of the board line at the Stora Enso Oulu site would be 750,000 TPA of FBB, coated unbleached kraft, and liner grades. March 9, 2022 Stora Enso will carry out a feasibility study to assess the possibility of converting a paper machine at its Oulu......
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Stora Enso Expands its Formed Fiber Production Capacity in Europe

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Post-investment, the annual formed fiber capacity of the Hylte site in Sweden will be around 115 million units, making Stora Enso one of the leading suppliers of formed fiber in Europe. February 22, 2022 Stora Enso will invest EUR 8 million (~USD 9.07 million) to double its production capacity of......
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Stora Enso invests EUR 40 million at its Sweden Facility

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Following the investment in new bleaching technology, Stora Enso will be able to reduce the number of bleach lines from three to two that will improve cost competitiveness and the carbon footprint of the production site. February 4, 2022 Stora Enso will invest EUR 40 million (~USD 45.86 million) in......
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Stora Enso and Koskisen Oy brings World’s first fully Bio-Based Furniture Board

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The application of NeoLigno is cited as an example of how Stora Enso increases the value of lignin without increasing the use of wood. NeoLigno is its first own binder that replaces fossil-based adhesives. February 1, 2022 Finland-based Koskisen has collaborated with Stora Enso, a leading manufacturer of pulp, paper,......
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Stora Enso and Tornator to restore 1,000 hectares of low forest cover peatland in Finland

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The restoration will increase biodiversity along with enhancing the habitat in the restored land by removing trees that have grown in the area after drainage. January 31, 2022 Stora Enso and Tornator will restore 1,000 hectares of low forest cover peatland in eastern and southern Finland between 2022 and 2027.......
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Stora Enso to invest EUR 23 million at its Varkaus Mill in Finland

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With the investment, the flexibility of the product range and the Varkaus mill site’s total capacity will be increased by around 10 percent. While the environmental impact assessment (EIA) and the preparatory work for the investment will be immediately started, the expansion is expected to be completed by 2022-end. December......
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Stora Enso launches Bio-Based Packaging Foam

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Papira, a fiber-based monomaterial, is designed to be biodegradable and compostable and Fibrease can be recycled in any paper or board stream. With the bio-based foams, the Finnish paper and packaging company is introducing “renewable and climate-friendly alternatives” in the protective packaging segment. December 9, 2021 Stora Enso is expanding......
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Stora Enso signs a EUR 700 Million Revolving Credit Facility Linked to Sustainability Targets

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For the agreement, Crédit Agricole Corporate and Investment Bank, Nordea, and OP Corporate Bank acted as Coordinators, Bookrunners, and Mandated Lead Arrangers for the facility. December 7, 2021 Stora Enso has signed a new USD 788.45 million (EUR 700 million) revolving credit facility (RCF) contract with a syndicate of 12......