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Stora Enso

01.11.2017 0

Stora Enso invests EUR 94 million

Stora Enso has recently announced that it will be investing EUR 94 million to grow in renewable materials and to increase competitiveness in consumer board and biomaterials. 

EUR 52 million will be invested to increase the dissolving pulp production capacity at Enocell Mill, and EUR 42 million to enhance the availability of the chemi-thermochemical pulp (CTMP) at Imatra Mills. 

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03.08.2017 0

Stora Enso to divest its holdning in Bulleh Shah Packaging

Stora Enso has signed an agreement to divest its 35% holding in the equity accounted investment Bulleh Shah Packaging Ltd. (BSP) to the main owner Packages Ltd. The transaction is expected to be completed in the third quarter of 2017.

The cash consideration for the divestment of the shares is EUR 6 million. The loss on disposal amounts in total to approximately EUR 19 million. These will be recorded as items affecting comparability (IAC) in Stora Enso’s third quarter 2017 results.

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15.06.2017 0

Valmet upgrades Stora Enso's fluting mill

The productivity of the washing line will enhance with the improvement in mill’s Neutral-Sulfite Semi-Chemical (NSSC).

According to Valmet, the TRPE will have 30 to 32% consistency at 2.5 to 10% feed consistency of washing and pressing. The 5th generation technology is perfect for the organisations that enhance the working efficiency and capacity.

The pulp washing efficiency will be improved that will help to produce 300,000 tonnes of fluting. The latest technology is not only the perfect solution for the customers but they have employed people from over 35 countries.

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04.05.2017 0

Stora Enso Scrapped off Polish Mill Expansion Plan

Stora Enso takes off the plan of expanding its paperboard mill because of an over-supplied market in Poland as it delivered a weak profit prediction. Stora made the announcement that the investment in the mill of Ostroleka, Poland estimated the project’s costs in the range of 350-400 million Euros last year.

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