Displaying items by tag: Stora Enso

Tuesday, 07 February 2017 07:13

Stora Enso launches Multicopy's new product range

To improve the product range and to meet the requirements of today's customers, Stora Enso is introducing a new product, Multicopy Zero. Multicopy Zero is carbon-neutral, which means that Multicopy offsets the emissions generated from distribution.

2017 02 07 071251

"This carbon-neutral paper brings a clear and credible testimony to the action that Multicopy has taken to address the issue of climate change. In 2017 we celebrate 40 years on the market by launching a new product range based on direct customer feedback and on the results of an extensive customer survey,” says Jonathan Bakewell, VP Office Paper Segment at Stora Enso Paper division.
 
Multicopy is a brand working well at every occasion. It fulfils two specific needs that we are eager to meet: the need for a super-sustainable alternative and for a product capable to reproduce nuances and details with outstanding sharpness.
 
The new product range comprises: Multicopy - the sustainable premium paper for all office machines. Multicopy Zero - a carbon-neutral paper for all office machines and Multicopy Presentation - a super smooth premium paper for all office machines. The highly appreciated paper quality, the high sustainability standards and the excellent runnablility will remain the same. All three products in the Multicopy family have environmental certifications and in addition to this, Multicopy Zero comes with the Carbon Neutral certificate.
 
“Multicopy's refreshed look supports our aspiration to improve the products and revitalize the brand by giving it a look and an atmosphere meeting the requirements of today's customers,” says Jennie Åkesson, Brand Manager, Stora Enso Paper division.

http://www.storaenso.com/multicopy

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com

Published in European News
Tagged under

Stora Enso has initiated a process with the Government of Guangxi with the target to remove the authorisation for the hardwood chemical pulp mill from its investment permit. Stora Enso has previously announced that it considers building a chemical pulp mill at its Beihai Mill site, once the consumer board machine is up and running. The final decision is still subject to the decision of Stora Enso’s Board of Directors.

stora new 2017“The market demand for high-quality food packaging board will continue to grow in China and neighbouring Asian markets. Our investment in a consumer board mill in Beihai is ideally placed to serve this market. Meanwhile, the supply-demand of the global pulp market has been negatively impacted by new investments in hardwood pulp production. At the same time, we consider the wood costs to supply the potential chemical pulp mill to be too high, which reduces the competitiveness of such a mill. Therefore, sourcing the chemical pulp to Beihai Mill from the market or utilising our current captive global hardwood supply is a viable option for us,” says Stora Enso’s CEO Karl-Henrik Sundström.

This decision would not affect Stora Enso’s operations at Beihai Mill, which cover the consumer board machine with an annual capacity of 450 000 tonnes, a polyethylene extrusion (PE) coating line and a bleached chemi-thermomechanical pulp (BCTMP) plant. Stora Enso’s current investment permit covers also a second board machine at the site in Beihai, but the group has not made any decisions regarding it.

As a consequence of the change in scope, Stora Enso would decrease the area of its leased forest lands in the Guangxi region. The scope and schedule for the reduction of fibre base will be decided later. The group will keep parts of the plantations to supply raw material for the BCTMP plant. Stora Enso leases currently some 84 000 hectares of forest land in the region.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com

Published in Asian News
Tagged under

Stora Enso is investing a total of EUR 9.1 million into its consumer board mills in Imatra and Ingerois, Finland, and Fors, Sweden, to continue the commercialisation of microfibrillated cellulose (MFC) and to accelerate product development. 

stora new 2017With the new investments, Stora Enso will accelerate the product development of new MFC applications, which will include barrier layers for grease and oxygen and biodegradable film as replacement for aluminum in paperboard packaging. Due to its exceptionally high strength properties and 100% renewable raw materials, MFC is designed to outperform current fossil-based materials, such as plastics, in a variety of applications.

In its MFC development, Stora Enso has initially focused on the liquid packaging board segment, being the first company to have successfully launched a commercial paperboard packaging including MFC. Since 2015, MFC has been used for source reduction and to improve board quality in the dairy category. With these new investments, Stora Enso will also further implement source reduction, i.e. make packaging materials lighter by multiplying the capacity for paperboard packaging with MFC to 500 000 tonnes.

“We are now taking the next steps in developing and commercialising products using MFC to meet customer demands for renewable innovations. In the future, MFC has the potential to be used in a variety of entirely new products, including many outside of Stora Enso’s current portfolio,” says Stora Enso’s CEO Karl-Henrik Sundström. 

The plants are scheduled to start production by the end of 2017 and expected to reach full production within 3 to 5 years. Once finalised, the investments will improve Stora Enso’s profitability and expand its current product portfolio.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com

Published in European News
Tagged under

Stora Enso has just divested its 100% shareholding in its Finnish subsidiary Formeca Oy, a provider of high-quality machines for automated packaging lines, to Amitec Oy, a specialised engineering and machine construction company based in Finland.

stora new1Following this transaction, Stora Enso will become a reseller of Formeca machines and retain the ability to support and consult customers on packaging automation solutions. Hence Stora Enso will continue to deliver Formeca packaging machines to its customers in its core markets.

“Supported by Amitec’s dedicated competence in this field, Stora Enso will be able to serve customers even more effectively. In addition, Amitec has the necessary strength to further develop Formeca and ensure its business progress,” says Peter Torstensson, SVP and Head of Corrugated Nordics, Division Packaging Solutions.

The transaction is a share deal and will have a limited financial impact. After the divestment, a few employees will transfer to Stora Enso to strengthen packaging automation support for its customers, whilst the rest of the Formeca personnel will remain in Formeca’s employ.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com  

Published in European News
Tagged under

Stora Enso’s Sustainability Report 2015 has been ranked best in Finland in an independent review of annual sustainability reports commissioned by FIBS, Finland’s leading non-profit corporate responsibility network.

This is the second consecutive year Stora Enso’s report has earned this recognition. Stora Enso’s Sustainability Report 2015 was also given top ranking by the media and by students of corporate sustainability.

stora new1The FIBS review particularly appreciated Stora Enso’s comprehensive and balanced reporting on topics including global warming, biodiversity, and human rights, as well as good visuals and user experience.

“We are proud that our efforts in transparent reporting have been acknowledged,” says Noel Morrin, EVP Sustainability at Stora Enso. “Last year we introduced a simplified report structure that consistently presents the most material opportunities and challenges our company is facing. Looking forward, we have an ambition to have the key content of our report assured at the highest possible level.”

“In addition to being coherent and highly informative, we believe a good report must be easy to read and use for all of our stakeholders,” adds Ulrika Lilja, EVP Communications at Stora Enso. “We are pleased that our report is appreciated not only within the sustainability community, but also among the media and by students.”

This year’s FIBS review – the 21st of its kind – covered 146 sustainability reports, including reports produced by all the companies listed on Nasdaq Helsinki, as well as other selected reports from the private sector.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com

Published in European News
Tagged under

Following its announcement in September 2016, Stora Enso has finalised the co-determination negotiations regarding the consolidation of manufacturing of corrugated packaging in Finland. Stora Enso’s corrugated packaging plant in Heinola will be closed permanently and packaging manufacturing transferred to the Lahti plant. The need for personnel reduction is expected to be 47 employees.

stora new1As part of the consolidation, Stora Enso will invest approximately EUR 19 million in new machinery and supporting infrastructure in Lahti. The project is expected to be finalised by the end of the first quarter 2018. The objective is to improve profitability and competitiveness by creating a centre of excellence for corrugated packaging in Lahti. Currently, Stora Enso employs approximately 420 people in its containerboard and corrugated packaging businesses in the Lahti–Heinola region.

Stora Enso will make every effort in co-operation with the local community to help the affected personnel find new employment opportunities, and all job openings in other Stora Enso units will be available to those affected.The corrugated packaging production at the Kristiinankaupunki and containerboard production at the Heinola Fluting Mill will not be affected.

For further information, please contact:
Carl Norell, SVP Communications, Packaging Solutions division, tel. +46 722 410 349

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com

Published in European News
Tagged under

Stora Enso was today classified as a global leader in terms of combatting global warming by the international not-for-profit organisation CDP, which works to drive sustainable economy. CDP has included Stora Enso on its new 2016 Climate A List, in recognition of the company’s long-term actions and strategy to reduce emissions. 

stora new1“Combatting global warming requires long-term efforts. Therefore Stora Enso has for over a decade been actively reducing the energy intensity of its operations and in many places also its dependency on fossil fuels,” says Noel Morrin, EVP Sustainability at Stora Enso.

“Today, over 75% of the energy the group generates and uses comes from carbon neutral sources inside and outside the company. It is our firm intention to drive down fossil fuel use even more over the next ten years to get as close to zero as possible using technically and commercially feasible means,” adds Morrin.

Stora Enso is among the 9% of corporations participating in CDP’s climate change programme to be awarded a position on the 2016 Climate A List.

Paul Simpson, chief executive officer of CDP says: “We congratulate the 193 A List companies that are leading the charge towards our low carbon future. Companies are key actors in enabling the global economy to achieve its new climate goals, and the leadership of this group points the way for others to take bold action and capitalise on the many opportunities that await.” 

Thousands of companies annually submit climate disclosures to CDP at the request of 827 investors representing USD 100 trillion in assets.

CDP, formerly Carbon Disclosure Project, is an international, not-for-profit organisation providing the global system for companies, cities, states and regions to measure, disclose, manage and share vital environmental information. CDP, voted number one climate research provider by investors, works with 827 institutional investors with assets of US$100 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. More than 5,600 companies disclosed environmental information through CDP in 2015. CDP now holds the most comprehensive collection globally of primary corporate environmental data and puts these insights at the heart of strategic business, investment and policy decisions.www.cdp.nethttps://www.cdp.net/en/research/global-reports/tracking-climate-progress-2016

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com

Published in European News
Tagged under

Stora Enso Imatra Mills introduced the Procemex web inspection and web monitoring system. The system helps Stora Enso to better investigate the root causes of web breaks, reduce the number of breaks and increase production efficiency.

Stora Enso Imatra Mills is the largest manufacturer of liquid packaging board in the world. Consumer packaging board used in contact with food and liquids must meet strict quality requirements set for food safety. What is more, no flavours can dissolve from the board into food products, and the products must be first-rate in terms of visual cleanliness.

2016 10 20 154048

For several years, systems supplied by Procemex have been used in Stora Enso's board machine 4 (BM4) to indicate any defects in board quality and to reduce web breaks. In March 2016, Stora Enso Imatra Mills made a system modernisation investment to improve the quality of food packaging board and increase the efficiency of the board machine.

Why did you decide to upgrade your system?

“We compared three different suppliers and ended up with Procemex, first of all, because we have had positive experiences with the previous system and, secondly, because we were able to upgrade the previous system – without needing to acquire a completely new one. We also investigated what benefits we can gain from the upgrade. In the end, the decision was an easy one; after all, we obtained a wholly new system by simply upgrading the old one,” says Mr. Riku Suurnäkki, Production Manager of BM4.

“Both web break and web inspection/defect detection systems are critical elements in order to be able to operate these machines: web inspection in terms of the final cleanliness and the web break system in terms of production efficiency. If we encounter any problems with efficiency, the web break system allows us to identify the root cause of breaks, enabling us to resolve, or even eliminate, the problems.”

Stora Enso Imatra Mills defined new locations for cameras, together with machine operators, and, now, cameras indicate the locations where pulp starts to pile up. “Of course, it is essential to listen to users,” Suurnäkki says.

“The new system became a necessity after we identified that we need to improve the classification of defects and the usability of the system. The previous system was unable to reliably classify a certain common defect, and there were situations in which defects in board ended up in our plastic coating,” says Suurnäkki.

What benefits did the upgrade produce?

procemex logoThe new upgraded Procemex cameras have a significantly higher resolution, defects are now classified more closely, the detection of defects is now more visual and the system is easier to configure for each user.

“We can better detect any dirt and impurities,” says Vesa Koskinen, system specialist at Efora, who is responsible for the maintenance of the BM4 system.

Project management at the core

“On our part, the project did not get off to a textbook start, and we were forced to speed up the process. Procemex did an excellent job, even though the order-delivery schedule was very tight. The installation period was also tightly regulated and brief, but Procemex was able to ensure the resources required,” says production manager Riku Suurnäkki. “Commissioning, adjustments and links to mill systems – everything was done on time.”

User experiences

“The experience we have had so far indicate that the detection of defects is now much more visual than in the previous system, and the classification of defects has improved. Operators have already given us direct positive feedback, saying that the image quality is on a completely different level and, therefore, there are fewer web breaks,” Riku Suurnäkki says.

Usability and maintainability

“When acquiring new systems, usability and maintainability are among the most important criteria in order to keep our expensive machines and systems up and running. Cameras need to remain clean and the image quality must be high. The supplier must be quick and easy to reach,” Suurnäkki says, listing the criteria set for the new system.

“The new system improved overall reliability. We acquired new PCs and upgraded our cameras. Shifting to the new system was a simple process,” Vesa Koskinen says. “These Procemex Pinhole cameras are excellent, and they practically require no cleaning. The Pinhole cameras are in challenging locations, where pulp keeps flying every which way, but they are easy to keep clean. The new Procemex cameras offer an HD quality, the images they produce are on a whole different level, and lighting has been improved by using new Procemex LEDs. These new lights are much easier to control than the old ones.”

“It is easy to call Procemex whenever we need help, and it quickly responds to our questions,” Vesa Koskinen says.

Remote maintenance reporting

Stora Enso is using the Procemex remote reporting system, which offers preventive information, for example, about system performance, camera image quality, the operation of IT hardware and backups – it is a maintenance tool. The system produces monthly reports, creating comprehensive information about maintenance and raising a need for various tasks. “Procemex has very short delivery times for spare parts; of course, with the help of the preventive remote reporting system,” Koskinen says.

Continuous development

“We have new development projects in progress all the time, but we cannot say anything more about them at this stage. As requirements are becoming tighter and tighter, there is always something to improve. Procemex is an excellent partner in these projects.”

Stora Enso Imatra:
Stora Enso Imatra Mills is the largest manufacturer of liquid packaging board in the world. Imatra Mills consists of two mill units: Kaukopää and Tainionkoski. Together, these units employ approximately 1,000 people. The annual capacity of Imatra Mills is more than one million tonnes of board and paper. More than 90% of production is exported. The company's main market areas are located in Europe, while Southeast Asia forms another significant region.

Imatra Mills produces board and paper. Stora Enso manufactures liquid packaging board for milk and juice cartons, among others. Food packaging board is used to manufacture cups and different food packages. Packaging board is used in food, candy and cigarette packages. Package covers, cards and luxury packages are made from graphic board. Imatra Mills also manufactures packaging paper.

Published in European News
Tagged under

Stora Enso plans to consolidate manufacturing of corrugated packaging in Finland to its Lahti plant. The objective is to improve profitability and competitiveness by creating a centre of excellence for corrugated packaging in Lahti.

stora new1As part of the possible consolidation, Stora Enso would invest approximately EUR 19 million in new machinery and supporting infrastructure in Lahti, where the most important individual investment item is a new corrugator. The proposed project is planned to start in November 2016 and is expected to be finalised by the end of the first quarter 2018.

According to the plan, the Heinola Corrugated plant would be closed permanently and packaging manufacturing transferred to the Lahti plant. Co-determination negotiations will start within Lahti and Heinola corrugated plants.

“The plan to potentially consolidate our corrugated operations in Finland is largely driven by the need to improve profitability and strengthen our competitive edge. In addition to the planned investment, our strong infrastructure in Lahti would provide us with a world-class asset base to better serve our customers,” says Peter Torstensson, SVP and Head of Corrugated Nordics, Division Packaging Solutions.

The possible personnel reduction within the corrugated plants in Lahti and Heinola combined is about 60 persons. Decisions regarding the planned consolidation, closure and employee reduction will be taken after the co-determination negotiations have been concluded. The corrugated packaging production at the Kristiinankaupunki plant will be continued. The Heinola Fluting mill for containerboard will not be affected.

The plan will have a negative impact of approximately EUR 9 million which will be recorded as an item affecting comparability (IAC) in Stora Enso’s third quarter 2016 results.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com

Published in European News
Tagged under
Thursday, 01 September 2016 14:37

Stora Enso has completed the divestment of Kabel Mill

Stora Enso has completed the divestment announced on 1 June 2016 of its Kabel coated mechanical paper mill in Germany, to Kabel Premium Pulp & Paper GmbH, owned by a German based investor group.

stora new1The total cash consideration for the divestment is approximately EUR 25 million, subject to final closing adjustments.

The loss on disposal amounts in total to EUR 15 million. The effect on operating profit is approximately EUR 5 million, and the negative tax impact is approximately EUR 10 million. These were recorded as an item affecting comparability (IAC) in Stora Enso’s second quarter 2016 results. Approximately EUR 17 million of pension liabilities were transferred to the new owner with the transaction.

Based on 2015 annual figures, the transaction decreases Stora Enso’s annual sales by approximately EUR 300 million and simultaneously decreases Stora Enso’s annual coated mechanical paper production capacity by around 485 000 tonnes. The Kabel Mill employs approximately 540 people and was part of Stora Enso’s Paper division.

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com

Published in European News
Tagged under
Page 6 of 21

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage. Site Terms and conditions