Stora Enso to Invest in Continued Development
Helsinki, Finland 14 June 2013 -- Stora Enso is investing approximately EUR 32 million in Skoghall Mill in Sweden. The investment primarily pertains to rebuilding of a fibre line in the sulphate pulp mill and its chemical recovery operations, thereby increasing the mill’s pulp production capacity by 45 000 tonnes per year. “The investment will equip Skoghall Mill with new potential for increasing operational efficiency to enhance our competitiveness in the attractive packaging market,” says Mats Nordlander, EVP, Stora Enso Renewable Packaging. Stora Enso is the global rethinker of the paper, biomaterials, wood products and packaging industry. We always rethink the old and expand to the new to offer our customers innovative solutions based on renewable materials. Stora Enso employs some 28 000 people worldwide, and our sales in 2012 amounted to EUR 10.8 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.
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