In Finland, Stora Enso is investing approximately EUR 350 million (about $390 million) to convert the Oulu paper mill into packaging production. The typical end uses for kraftliner are in packaging segments that require high strength, quality and purity, such as food, fruit and vegetables as well as heavy duty packaging. Production will target global export markets.
Oulu Mill’s current capacity is 1 080 000 tonnes of woodfree coated papers annually. Typical end-uses for woodfree coated papers are e.g. high-quality advertising and magazines. Paper production is expected to continue until the end of September 2020.
The converted Oulu Mill will directly employ approximately 180 people. Wood consumption at the mill will increase by 0.5 million m3 to 2.4 million m3 annually. Wood will be purchased mainly from private forest owners in Northern Finland. Production on the converted machine is estimated to start by the end of 2020.
Category: Producer News