Stora Enso to Invest EUR 23 million into Board Production at the Varkaus Site in Finland

Specifications:

Name:

Stora Enso to Invest EUR 23 million into Board Production at the Varkaus Site in Finland

Location:

Finland

Company:

Stora Enso

Estimated Cost:

EUR 23 million

Source:

www.storaenso.com

Introduction:

Stora Enso invests EUR 23 million for increasing flexibility and capacity at the Varkaus containerboard mill, resulting also in expanded capacity of using recycled fiber.

Features:

Preparatory work on the investment will commence immediately. Investment will be completed in the end of 2022. The aim of the investment is to increase the flexibility of the product range available for customers and to grow the site’s total capacity by approximately 10%. This will also increase the use of recycled fiber in the production in addition to fresh wood fiber.

The Varkaus site produces unbleached softwood pulp and high-quality brown and white top containerboard for corrugated board, i.e. kraftliners. In addition to unbleached softwood pulp, the paper mill currently uses about one third of the total board packaging recycled in Finland as its raw material. The investment will further increase the use of recycled fiber in the site.

The Stora Enso Varkaus site employ approximately 400 people. The annual production capacity of the packaging board site is 450,000 tons. Pulp, sawn timber, and veneer wood are also manufactured at the site.