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Tag : Stora Enso

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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......
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Stora Enso Invests in Expansion of Board Production at its Skoghall Mill

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Following the investment, the packaging board production capacity at Skoghall can be increased by approximately 100,000 TPA to a total capacity exceeding 900,000 TPA. The project is slated to be concluded by the second half of 2023. October 26, 2021 Stora Enso has announced an investment of around USD 112.56......
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Veracel Celulose S.A. Commissions Voith to Rebuild and Upgrade QCS Scanner in Eunapólis, Brazil

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The OnQuality QCS from Voith enables papermakers to achieve high paper quality requirements and achieve increased operational efficiency. July 17, 2021 Veracel Celulose S.A., one of the biggest pulp producers in Brazil and part of Europe’s second-largest paper producer Stora Enso, has commissioned Voith to upgrade its Quality Control System......
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Stora Enso Starts New Dispersion Barrier Line at Forshaga Site in Sweden

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Since last year, the site in Forshaga has become a competence centre within Stora Enso’s Packaging Materials division, tasked with developing and producing new bio-based material technologies and products. June 18, 2021 Stora Enso has completed the installation of dispersion barrier technology at its Forshaga site in Sweden and production......
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Valmet Signs Three-Year Service Agreement With Stora Enso’s Beihai Mill in China

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The value of the agreement has not been disclosed. The agreement was signed in the first quarter of 2021. June 15, 2021 Valmet and Stora Enso have signed a three-year service agreement for the company’s Beihai mill in China. Watch: Paper Mart News Roundup The service agreement contains the following services:......
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Stora Enso Joins WWF’s Forests Forward Impact Platform

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The globally leading provider of renewable solutions in packaging, and paper has joined the WWF platform to promote the conservation and ecologically sustainable use of forests among private forest owners. June 16, 2021 Stora Enso has joined the new WWF platform, Forests Forward. The platform engages businesses and investors to......
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Stora Enso Divests its Sachsen Mill in Germany

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Sachsen Mill has an annual production capacity of 3,10,000 tonnes of newsprint specialty paper based on recycled paper. May 27, 2021 Stora Enso has signed an agreement to divest its Sachsen Mill located in Eilenburg, Germany, to the Swiss-based family-owned company Model Group. Watch: Paper Mart Fortnightly News Roundup. Under......
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Stora Enso Inaugurates its Renewed Containerboard Mill in Oulu, Finland

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May 20, 2021 Stora Enso arranged a virtual inauguration ceremony to celebrate the successful conversion of the Oulu Mill which was transformed from paper production into high-quality kraftliner production. The Prime Minister of Finland, Sanna Marin, inaugurated the mill. Oulu is Stora Enso’s second successful conversion, following Varkaus Mill, inaugurated......