Stora Enso invests further in China and Sweden
Finnish company Stora Enso is investing approximately 63 million euros in its Consumer Board and Biomaterials divisions.
This seeks to boost competitiveness in strategic growth areas located in China and Sweden.
A total of 31 million euros will be invested in a new polyethylene (PE) coating line in the new consumer board mill in Beihai, China. This will enable short lead-times and full quality control for PE-coated prime Food Service Board (FSB). The Beihai Mill is slated to commence operations during Q2 this year.
Stora Enso is further improving the environmental performance of a new chemical plant at the consumer board mill in Skoghall, Sweden, to the tune of 16 million euros.
Elsewhere in Sweden, another 16 million euros has been set aside to reduce the sulphur emissions of its mill in Skutskär.