Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint […]
Tag Archives: eastern Sweden
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The world’s largest machine for the production of kraftliner has entered service in Obbola in Västerbotten, outside Umeå, eastern Sweden. With a total investment of SEK 7.5 billion, this major project has been completed ahead of schedule and within budget, significantly increasing opportunities to produce packaging materials that replace plastic. “At full capacity, the machine […]