SWEDEN – Finnish forestry group Stora Enso has completed the divestment of its Nymölla paper production site in Sweden and all associated assets to the US-based uncoated paper producer Sylvamo. Announced in September, the divestment transaction was closed after receiving regulatory approvals for an enterprise value of around US$159.13 million (€150m). Stora says that the move will allow it to…
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Finnish Forestry company Stora Enso to divest plant in China
CHINA – Finnish pulp and paper maker Stora Enso has announced plans to divest its consumer board production site and forestry operations in China. The divestment would also include the Group’s forestry operations in the surrounding region, which supply raw materials to the Beihai site. According to the company, the sales process supports Stora its strategy to focus on long-term…
Read MoreStora Enso invests in pulp production sites in Finland and Sweden
FINLAND – Finnish pulp and paper maker Stora Enso has made multiple investments in Europe to bolster its focus on specialized pulp grades. The company invested US$40.4 million (€38m) in unbleached kraft pulp (UKP) production at its Enocell site in Finland, as well as US$44.7 million (€42m) to improve fluff pulp production at its facility in Skutskär, Sweden. The investment…
Read MoreStora Enso, Huhtamaki to advance European paper cup recycling initiative
BELGIUM – Finnish pulp and paper maker Stora Enso and Huhtamaki’s Cup Collective initiative has welcomed its first partners. The new partners include McDonald’s, SSP – The Food Travel Experts, C2 Centre, and the National Railway Company of Belgium (SNCB), all further supporting the initiative’s ability to significantly increase paper cup recycling volumes in Europe. The program launched in September…
Read MoreStora Enso commits US$82M to slash water usage at Imatra Mill pulp facility
FINLAND – Finnish pulp and paper maker Stora Enso has invested US$82 million (€80 million) to centralize and modernize the wood handling process at its Imatra Mill in Finland. The funds have been used to boost the facility’s capacity for premium packaging board production and decrease water consumption throughout the debarking process. The Imatra Mill consists of two industrial units…
Read MoreStora Enso, Dizzie ink agreement to advance circularity in food packaging
UK – Finnish pulp and paper maker Stora Enso has partnered with UK-based dry food firm Dizzie to introduce reusable pots for food packaging and delivery. Under the partnership, Stora Enso has developed a reusable pot in biocomposites for home delivery of dry food products. Customers will reduce packaging waste by using the same pots which in turn will cut…
Read MoreStora Enso invests US$984M in its Oulu site to accelerate growth in renewable packaging
FINLAND – Finnish forestry group Stora Enso has announced a US$983.58 million (€1 billion) investment to convert the remaining idle paper machine at its Oulu site in Finland into a high-volume consumer board production line. According to the firm, the investment is intended to accelerate the growth in renewable packaging by offering new volumes for growing packaging segments. Stora Enso…
Read MoreStora Enso introduces Papira pulp form packaging in the market
FINLAND – Finnish forestry group Stora Enso has introduced Sustainability Awards finalist Papira as a ‘recyclable’ alternative to fossil-based foam materials in packaging. The company claims that its new solution is both plastic-free and fully recyclable at kerbside and in paper waste streams. Its reported biodegradability suggests that, if it ends up in the environment, the material will not have…
Read MorePicadeli debuts formed-fiber lid co-developed with Stora Enso
EUROPE – European takeaway salad bar company Picadeli has begun using a formed-fiber lid for its takeaway packaging as part of its sustainability efforts. Made in partnership with Finnish pulp and paper manufacturer Stora Enso, the lid does not contain any perfluoroalkyl or polyfluoroalkyl substances (PFAS). It is part of PureFiber by Stora Enso, a new range of formed-fiber products…
Read MoreStora Enso expands portfolio with formed fiber plant in Hylte, Sweden
SWEDEN – Finnish forestry group Stora Enso has begun a feasibility study for building a formed fiber plant in Hylte, Sweden. The company’s strategic aim is to grow with renewable packaging, and the investment would increase Stora Enso’s formed fiber capacity significantly. The new plant would mainly produce PureFibe by Stora Enso – a range of formed fiber products that…
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