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 […]
In Finland, Stora Enso launched its latest lignin-based innovation, NeoLigno, a fully bio-based binder system without formaldehyde and isocyanates, thus, providing healthier indoor and working environments. Initial target applications for NeoLigno are in particleboards and insulation materials used in the building and construction industry. Hazardous chemicals aren’t always visible to the naked eye, yet they […]
In Sweden, production of Multicopy paper is about to contribute to the biofuel production in Sweden. The energy company Gasum and Stora Enso will together turn waste into renewable green energy. Wastewater can be a challenge for mills. Vast volumes of process water containing organic residues need to be treated. At the Stora Enso’s Nymölla […]
In Finland, Stora Enso is investing EUR 14 million to build a granulation and packing plant for lignin, allowing easier packing and handling of lignin compared to powder and wet form. The construction of the granulation plant is estimated to begin by the end of the second quarter of 2021 and to be complete in […]
As we wrap up the month of October, we have lots of moves going on in the bioeconomy with a farewell to U.S. Grains Council’s Manager of Ethanol Trade Policy and Economics, a new Vice President of Business Development at Calyxt, and not one but two moves going on at BASF and another two moves […]
What does plastic have to do with the bioeconomy? Well, everything. It’s about taking plastic waste, breaking it down into building blocks and converting it into a valuable treasure and it’s about creating biobased plastics. News from the U.S. Department of Energy on their $27 million in funding for plastics recycling and new biobased plastics […]
In Sweden, Stora Enso will build a pilot facility for producing Cellufoam by Stora Enso, a lightweight, fiber-based foam material for protective packaging and cushioning. Bio-based foams are renewable and recyclable and can be used in packaging, for example, to replace oil-based polymer foams which are widely used today. The pilot plant will be located […]
In Finland, Stora Enso and Cordenka signed a joint development agreement to develop precursors for bio-based carbon fiber. The co-development is driven by the need for high performance carbon fiber in transportation, construction and power generation. Stora Enso has been developing the technology for manufacturing carbon fiber from wood-based raw materials, i.e. dissolving pulp and […]
In Finland, Stora Enso has successfully issued a new $169 million green bond under its EMTN (Euro Medium Term Note) program and under Stora Enso’s Green Bond Frame work published in May 2018. The bond has two tranches as follows: 1) $99.3 million matures in April 2025 and pays a floating coupon of STIBOR +2.20%. 2) $69.5 […]
In Finland, Stora Enso is investing EUR 9 million to build a pilot facility for enabling the production of bio-based plastics as barrier in transparent packaging. The pilot plant will convert plant-based sugars into the renewable building block required to make PEF, a bio-based plastic, mainly targeting the food and beverage industry. The pilot plant […]
