Stora Enso invests EUR 80 million in wood handling at Imatra mills
Stora Enso has decided to invest in centralising and modernising the wood handling capacity at its Imatra mills in Finland. The investment of EUR 80 million will enhance Stora Enso’s production capabilities for premium packaging board. The investment supports the Group’s strategy of sustainable profitable growth through packaging in strong customer segments. The investment is planned to start in Q1 2021 and to be completed in Q3 2022. The Imatra mills produce premium packaging boards for food, beverage and luxury packaging. The purpose of the investment is to modernise the wood handling process in Imatra and centralise it in one of the existing wood yards. The project includes the installation of a new, third debarking line, improvements to chip handling systems, and modifications to the existing wood yard infrastructure. The centralised and modernised wood handling capacity will improve the stability and efficiency of the process. In addition, the new, more efficient debarking line will reduce water consumption of the process and lower the environmental impact.