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Stora Enso's joint operation pulp mill in Uruguay inaugurated

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September 9, 2014 Montes del Plata, Stora Enso’s 50/50 joint operation with the Chilean pulp producer Arauco, officially inaugurated its industrial complex located in Punta Pereira, Uruguay on 8 September 2014. The investment of the mill amounted to USD 2,270 million, with an additional USD 230 million invested in the......

Stora Enso to build demonstration plant in USA

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September 3, 2014 Following its recent acquisition of the US-based biotechnology company Virdia, Stora Enso is investing USD 43 million in a demonstration and market development plant to be built at Raceland, Louisiana, USA. The plant will be used for industrial validation of the newly acquired extraction and separation technology......
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Montes del Plata Pulp Mill starts operations in Uruguay

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June 6, 2014 Stora Enso’s and Arauco’s joint operation Montes del Plata Pulp Mill at Punta Pereira in Uruguay has received all necessary permits from the Uruguayan authorities and is now starting up its operations. The state-of-the-art pulp mill has an annual production capacity of 1.3 million tons of bleached......

Stora Enso acquires US-based biotechnology company

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June 23, 2014 Stora Enso has acquired 100% of the shares of the US-based company Virdia, a leading developer of extraction and separation technologies for conversion of cellulosic biomass into highly refined sugars and lignin. The upfront debt-free transaction value is approximately USD 33 million with additional potential payouts totalling......