Stora Enso invests $25M in Anjala-Ingerois and $31M in Nymölla production sites

In Finland and Sweden, Stora Enso decided to invest about $25 million (EUR 21 million) to improve the competitiveness and environmental performance of the Anjala-Ingerois production sites and will invest around $31 million (EUR 26 million) in modernizing the pulp production at Nymölla in Sweden.

The goal of the investment at Anjala paper- and Ingerois board production sites is to reduce the emissions and to ensure flexible use of different fuel mixtures in heat production. The project work is planned to start during the second quarter of 2021 and to be completed in the third quarter of 2023.

The project at Nymölla is the second modernisation step towards making the pulp production process more competitive and sustainable for the future. The objective of the investment is to increase the annual softwood pulp production capacity from approximately 220 000 tonnes to 245 000 tonnes. The modernisation is planned to start during the second quarter of 2021 and to be completed in the third quarter of 2022.

“These investments will improve the competitiveness of both sites and at the same time contribute to our sustainability performance,” says Kati ter Horst, Executive Vice President, Paper division at Stora Enso.