Stora Enso to Invest EUR 32 Million in Continued Development, Streamlining of Skoghall

Stora Enso, Finland, reports that it is investing approximately EUR 32 million in its Skoghall Mill in Sweden. The investment is primarily for rebuilding a fiber line in the kraft pulp mill and its chemical recovery operations, increasing the mill's pulp production capacity by 45 000 metric tpy.

"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.

The project will begin immediately and is expected to be completed in October 2014. This investment is in addition to the recent investment of EUR 90 million in a new wood room and woodyard for improved wood handling at the mill. The investment will allow the Skoghall Mill to increase production volumes and improve its cost position.

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