Stora Enso said that it will invest EUR 285 million to install a new containerboard machine at its Ostroleka Mill in Poland. The new machine will have a production capacity of 455,000 tonnes per annum of lightweight containerboard and use recycled fiber as a raw material. The project is expected to be completed in the first quarter of 2013. In conjunction with the start-up of the new machine, Stora Enso plans to shut down PM 2, an 85,000 TPA containerboard machine at Ostroleka Mill.
Stora Enso’s corrugated packaging product portfolio includes transport and consumer packaging, packaging design and machinery. The Group’s twenty corrugated packaging plants in Finland, Sweden, Russia, Poland, Hungary and the Baltic States with total capacity 1.3 billion m of corrugating packaging used some 560,000 tonnes of containerboard in 2010. The annual capacity of Ostroleka Mill, which is part of Stora Enso’s Industrial Packaging segment, is currently 270,000 tonnes of containerboard and kraft paper.