Stora Enso will invest EUR 26.5 million in Skutskär pulp mill to increase
its
fluff capacity to meet the growing demand in the hygiene market.
STORA ENSO
OYJ STOCK EXCHANGE RELEASE 9 June 2016 at 09.00 EET
The investment will enhance
Skutskär Mill’s profitability and long-term
competitiveness by increasing fluff
production by approximately 160 000 tonnes
annually. The mill’s softwood
capacity is expected to be reduced by 160 000
tonnes, starting from year 2018.
The total fluff pulp capacity of the mill after
the investment will amount to
415 000 tonnes.
The investment supports Stora Enso’s strategy of transforming
into a customer
-focused renewable materials growth company. The aim is to
develop further the
current market pulp business and to focus more on growth
segments.
“Both hygiene and non-woven products are a fast-growing market. This
investment
will enable us to support the growth of our customers and further
develop this
business together with them,” says Juan Carlos Bueno, EVP, Stora
Enso’s
Biomaterials division.
The investment is expected to be completed
during the second quarter of 2018,
and it falls within the group’s capital
expenditure guidance given earlier. The
investment includes the necessary
changes to one of the drying machines.
Stora Enso’s Skutskär Mill produces
Northern bleached kraft softwood pulp
(NBSK), softwood fluff pulp and bleached
hardwood pulp (birch). The total annual
capacity of the mill is 540 000 tonnes.
The fluff pulp is mainly used in airlaid
hygiene products such as diapers,
feminine care products and adult incontinence
products. It is also used in
tabletop products and wipes.
For further information, please contact:
Kirsi
Seppäläinen, SVP, Communications, Stora Enso’s Biomaterials division,
tel.
+358 400 786659
Investor enquiries:
Ulla Paajanen-Sainio, SVP, Investor
Relations, tel. +358 2046 21242
Stora Enso is a leading provider of renewable
solutions in packaging,
biomaterials, wooden constructions and paper on global
markets. Our aim is to
replace fossil based materials by innovating and
developing new products and
services based on wood and other renewable
materials. We employ some 26 000
people in more than 35 countries, and our
sales in 2015 were EUR 10.0 billion.
Stora Enso shares are listed on Nasdaq
Helsinki (STEAV, STERV) and Nasdaq
Stockholm (STE A, STE R). In addition, the
shares are traded in the USA as ADRs
(SEOAY) on the International OTCQX
over-the-counter market.
storaenso.com (http://www.storaenso.com/)
STORA ENSO
OYJ
For further information, please contact:
Kirsi Seppäläinen
SVP,
Communications
Stora Enso’s Biomaterials division
tel. +358 400
786659
Investor enquiries:
Ulla Paajanen-Sainio
SVP, Investor Relations
tel.
+358 2046 21242
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