Displaying items by tag: Stora Enso

Stora Enso has decided to install a new steam turbine with a closed-loop cooling system and additional biomass storage at its mill in Maxau, Germany. The investment cost is approximately EUR 25 million and implementation of the project is scheduled to start during the third quarter of 2018 with completion in 2020.

stora new 2017Stora Enso wants to secure the long-term profitable energy production in Maxau Mill by increased electricity generation and higher efficiency. The new 57 MW extraction-condensing turbine complements the existing Combined Heat and Power (CHP) plant which started up in 2010. The investment will reduce the energy cost and secure long term cost competitiveness of the paper mill. Once installed, the payback time will be around four years.

The investment contributes to Stora Enso’s carbon neutral roadmap and science-based targets through higher share of biomass and higher efficiency ( >50 000t CO2 savings per year). The closed loop cooling system will relieve the Rhine River significantly by less thermal output and considerably lower river water extraction.

“We are happy to announce this important investment which underpins our long-term commitment to serve our customers with high-quality paper products from cost-efficient and sustainable operations. It also highlights our ambition to replace fossil-based materials and to contribute to a greener economy,” says Kati ter Horst, EVP Head of Paper Division.

Maxau Mill
Located on the Rhine River near Karlsruhe in southwest Germany, Maxau Mill is the key pillar in the Uncoated Magazine Paper (SC) product segment. The mill is strategically and geographically well located to serve its customers, including major European publishers, retailers and printing houses. It has a short distance access to all raw materials and biofuels. The two paper machines produce approx. 530 000 tonnes of uncoated magazine papers per year. Paper for Recycling (PfR) serves as the main raw material for the paper production.

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Stora Enso has launched a new service called ReadyReel from its Lumipaper NV converting services site located in Antwerp, Belgium. ReadyReel is a rewinding and palletizing service that offers rapid delivery of reels ready in the format and position needed for loading on to the press directly.

The ReadyReel service for narrow format reels has been developed to serve digital printers as well as direct mail and envelope converters. This allows customers to manage the ever-growing demands for shorter runs and faster turnaround within their process. The service is available for Stora Enso’s woodfree coated and uncoated papers.

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“The new service allows us to deliver narrow reels efficiently in the format that our customers need. The reels are ready in the right position and easy to handle. To support the new service, we have also developed the SafeWedge system which allows safe handling of reels from the pallet and re-use of the pallets”, says Ivan De Donder, Plant Manager Lumipaper NV, Stora Enso.

The ReadyReel service is located within easy reach of many key print and converting centres.

“The fact that the service is centrally located in Europe helps us deliver reels with fast lead times. For example, we can deliver stock items within 48 hours to Benelux, France and Germany and production items within a week. The ReadyReel service is going to help us grow our presence in both the inkjet and electrophotographic market and at the same time respond to the changing needs of our converter customers”, says Jonathan Bakewell, VP, Office Papers, Stora Enso.

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Projects are supported that enable Stora Enso to explore and harness new technologies and capabilities and steer wider deployment.

Deep in the era of digitalisation and such disruptive technologies as advanced analytics, Internet of Things, artificial intelligence, blockchain and robotic process automation, Stora Enso is looking at opportunities for digitalisation throughout the value chain. Digital themes include smart operations, transparent supply chain, digital customer experience, new smart products and services as well as internal business processes.  The aim: speed up the company’s transformation.

CIO and Head of Digitalisation in Stora EnsoCIO and Head of Digitalisation in Stora EnsoSome immediate steps to drive digitalisation in the company have included a Digitalisation Fund, a startup Accelerator Programme, internal innovation tool, external business partnerships and cooperations to gain more cross-industry learning, as well as theme specific excellence groups. Through the Digitalisation Fund, projects are supported that enable Stora Enso to explore and harness new technologies and capabilities and steer wider deployment after prototyping to get full scale benefits.

“The Digitalisation Fund is an important engine in the company’s development," says Teemu Salmi, Stora Enso's CIO and Head of Digitalisation. “What’s more, we have 25 000 potential innovators within Stora Enso through our diverse employee base, and the fund helps us realise their best ideas."

Every year, the Stora Enso Digitalisation Fund opens up for EUR 10 million in investment in employee initiated projects. From forest to customers, for example, these digitalisation projects include the use of advanced analytics to identify unplanned stops, smart wearables to enhance employee safety, augmented reality to view maintenance needs of running machinery, drones to capture forest or wood yard inventory data and trials of self-driving vehicles. Stora Enso also has projects focused on enhancing the customer experience, such as design tools, calculator apps, remote service, AI advisors and intelligent packages.

“There are so many possibilities – and benefits. In production, using big data to predict web (board as well as paper) breaks helps us to avoid costly disruptions. A common mobile solution for plant maintenance can help to increase efficiency and precision in mill operations, support preventive maintenance and improve warehouse handling,” continues Teemu. “At harvesting sites, digitally scanning trees provides an effective way to identify what tree is best suited for what product. In packaging, digital RFID tags enable us to track packages in the logistics chain and guarantee the authenticity of the packaged product. Incorporating our cloud solution, we can offer our customers a one-stop-shop to digitalise their supply chain.”

“An important point to make is that innovation does not take place in isolation, but rather in ecosystems with niche partners and collaborations with customers, suppliers and research organisations. The Stora Enso Accelerator Programme has also given us the invaluable opportunity to work side by side with startups to learn how we can further increase the pace of innovation within the company and find new commercial products and services. This programme has been focused significantly on digitalisation,” adds Teemu.

About Stora Enso

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 and are publicly listed in Helsinki (STEAV, STERV) and Stockholm (STE A, STE R).

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The launch of LineoTM by Stora Enso is another important step on the way to replacing fossil-based materials with renewable solutions. Lineo is available to companies seeking more sustainable, bio-based alternatives.

2018 02 14 101743Lignin is one of the main building blocks of a tree and makes up 20-30% of the composition of wood. Yet it has traditionally been discarded by the pulp and paper industries. However, Stora Enso has recognised the potential of this versatile raw material, which can be used in a range of applications where fossil-based materials are currently used.

Lignin is a renewable replacement for oil-based phenolic materials which are used in resins for plywood, oriented strand board (OSB), laminated veneer lumber (LVL), paper lamination and insulation material.

Markus Mannström, Executive Vice President of the Stora Enso Biomaterials division, says, “Having increased our lignin focus in recent years, we’re delighted to launch Lineo. Lignin is a non-toxic raw material with traceable origin and stable cost structure, and bio-based Lineo is ideal for companies looking for alternatives to oil-based products. We believe that everything made from fossil-based materials today, can be made from a tree tomorrow.”

Stora Enso has been producing lignin at industrial scale since 2015 at its Sunila pulp mill in Finland. The mill’s capacity is 50 000 tonnes of lignin per year, making Stora Enso the largest kraft lignin producer in the world. Stora Enso is already selling Lineo to replace phenol, and the company is also looking at many other applications for this very versatile material.

A stable, free-flowing brown powder, Stora Enso’s lignin is separated during the kraft pulping process of Nordic softwood. Lineo has a high dry content, superior dispersibility and long storage time. With a higher reactivity and purity, Lineo is consistent from batch to batch and Stora Enso can supply different levels of dryness, according to customer demand.

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Biomaterials division offers a variety of pulp grades to meet the demands of paper, board, tissue, textile and hygiene product producers. We also develop new ways to maximise the value extractable from wood, as well as other kinds of lignocellulosic biomasses. Sugars and lignin hold potential for use in applications in the specialty chemical, construction, personal care and food industries. We have a global presence with operations in Brazil, Finland, Sweden, Uruguay and the USA.

Part of the bioeconomy, Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper globally. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26 000 employees in over 30 countries. Our sales in 2017 were EUR 10 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). www.storaenso.com 

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The renewable materials company Stora Enso has become the first forest products company to set ambitious science-based greenhouse gas (GHG) emission reduction targets to address significant emissions along the company’s value chain. The targets have been approved by the Science Based Targets initiative.

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“For over a decade we have been actively reducing the energy-intensity of our operations and our dependence on fossil fuels,” says Stora Enso CEO Karl-Henrik Sundström. “As a company operating in a bioeconomy and using renewable raw materials, we are in a unique position to take the next step. We are now committing to further reducing our CO2and other greenhouse gas emissions in line with the 2°C limit set for global warming by the Paris Agreement. The new targets coveremissions from our own operations, but also includes engagement targets for our partners all through the value chain.”  

The target commits Stora Enso to reducing greenhouse gas (GHG) emissions from operations by 31% per tonne of pulp, paper and board produced by 2030 from a 2010 base-year. To reduce emissions in the value chain, Stora Enso commits to have 70% of non-fibre suppliers and downstream transportation suppliers in terms of spend set their own GHG reduction targets by 2025, towards the aim that these suppliers adopt science-based GHG reduction targets by 2030. In addition, the company will educate 100% of customer-facing staff on the advantages of setting science-based targets by 2020.

Alexander Liedke, Manager of Sustainable Business & Markets at WWF and member of the Science Based Targets initiative steering committee said, “We congratulate Stora Enso on being the first forest products company to have their science-based targets approved by our team. By setting targets that align their business with global efforts to avoid the worst impacts of climate change, Stora Enso is positioning itself to thrive as the global economy transitions to a low-carbon future. It is particularly encouraging to see Stora Enso working with its suppliers to adopt their own science-based targets, helping to mainstream science-based target setting across the value chain.”

About the Science Based Targets Initiative

2018 01 24 094301Science Based Targets initiative mobilizes companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy. It is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The initiative defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.sciencebasedtargets.org

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 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 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

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Stora Enso has signed an agreement to divest its sheeting centre business in Baienfurt, Germany to Pyroll, a Finnish converting firm. The sheeting centre operations started in April 2009 and is 100% owned by Stora Enso.

stora new 2017This divestment supports Stora Enso’s growth strategy for its consumer board business, where the focus is to generate value to customers by being the global benchmark in high quality virgin fibre carton board. Running sheeting centre operations is not part of Stora Enso’s core business. The new owner has sheeting operations as its core and is in a better position to further develop Baienfurt. Stora Enso will remain a key customer to the Baienfurt sheeting centre.

The transaction is expected to be completed during the first quarter of 2018 and it is not expected to have any significant effect on the net debt or financials of Stora Enso. The sheeting centre employs approximately 60 people excluding outsourced personnel and had sales of EUR 15 million in 2016.

About the buyer
Pyroll is one of the leading paper, cardboard, paperboard, and plastic converters in the Nordic countries. Today Pyroll employs nearly 600 people, and turnover is about 100 million euros. Operations are divided into three business branches: Pyroll Packages, Pyroll Paper Merchant, and Pyroll Converting.

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 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 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

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The renewable materials company Stora Enso will be the Presenting Sponsor for FIS Nordic World Ski Championships 2019 in Seefeld, Austria. The sponsorship gives Stora Enso the possibility to contribute to a sustainable sports event and showcase its renewable solutions in various applications.

stora new1Throughout the event, Stora Enso wants to increase the participants’, viewers’ and visitors’ awareness of the benefits of sustainable products. Stora Enso’s products provide a climate-friendly alternative to many products made from fossil based materials, and have a smaller carbon footprint. During the World Ski Championships, a variety of products and solutions based on renewable raw materials will be show casted, such as wood for temporary buildings, carton board packaging, paper, effective waste management systems, and renewable materials for arenas.

This marks the third time Stora Enso will be sponsoring the Nordic World Ski Championships, after being the Presenting Sponsor for the 2017 event in Lahti, Finland, and a main sponsor of the event in Falun, Sweden in 2015.

This is a good opportunity for Stora Enso to be present close to its main markets. The group employs approximately 5 000 people in Central Europe. In Austria, the group operates sawmills and plants for wooden construction elements, CLT.

“We are very happy to be sponsoring the FIS Nordic World Ski Championships for the third time,” commented Stora Enso CEO Karl-Henrik Sundström. “Sustainability is the core of our business in the bioeconomy. Our products substitute fossil based products, such as plastics. In Seefeld, our renewable materials and expertise will be combined in many special products and solutions. We will lead the way in promoting and supporting a sustainable event, by using renewable raw materials derived from wood and by maximising the recycling and reuse of products.”

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 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 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

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Stora Enso will invest EUR 94 million to grow in renewable materials and to increase competitiveness in consumer board and biomaterials. EUR 52 million will be invested to increase the dissolving pulp production capacity at Enocell Mill and EUR 42 million to enhance the availability of the chemi-thermomechanical pulp (CTMP) at Imatra Mills. Both mills are located in Finland.

“We continue to drive our transformation to a renewable materials growth company. While investing in our Finnish mills, we expect the competitiveness of Finland’s export industry to be ensured and further improved globally,” says Karl-Henrik Sundström, CEO of Stora Enso.

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Investments in renewable materials substituting fossil-based alternatives

Enocell Mill, part of the Biomaterials division, will be converted to focus entirely on production of dissolving pulp. The softwood pulp production will be gradually discontinued after the investment. The mill will have a total capacity of 430 000 tonnes dissolving pulp annually, whereof 185 000 tonnes hardwood and 245 000 tonnes softwood dissolving pulp. The investment is scheduled to be completed during the second half of 2019. It is expected to exceed the Biomaterials division’s profitability target, operational return on operating capital (ROOC) of 15%, and to have a positive impact on sales.

Dissolving pulp is used as a raw material replacing cotton and fossil-based materials, such as polyester. The dissolving pulp product segment is growing above the industrial average. The growth is driven by increased demand for non-woven applications, and viscose-type fabrics in the textile industry.

“We aim to improve our pulp mix to differentiate and secure competitiveness in the long term. At our Nordic pulp mills, this means focusing on special grades, such as fluff and dissolving pulp. The investment also supports Enocell Mill to become an integrated biorefinery plant for new bio-based chemicals,” says Markus Mannström, head of Stora Enso’s Biomaterials division.

The investment at Imatra Mills, part of the Consumer Board division, includes a new CTMP drying and re-pulping plant as well as extension of the pulp warehouse. This aims to enhance the availability of CTMP and to drive the commercialisation of micro-fibrillated cellulose (MFC). Due to its high strength and 100% renewable raw materials, MFC is designed to outperform fossil-based materials, such as plastics, in a variety of applications. The project is scheduled to be completed in the first half of 2019. The investment is expected to exceed the Consumer Board division’s profitability target, operational return on operating capital (ROOC) of 20%, and to have a marginal impact on sales.

“This investment drives further growth and competitiveness in liquid packaging and food service board. It also supports the ongoing MFC investment which will meet customer demand of products made with less raw materials (source reduction), enhanced strength, light weight and renewable barrier materials,” says Annica Bresky, head of Stora Enso’s Consumer Board division.

Both of these investments are included in Stora Enso's capital expenditure guidance. 

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 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 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

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Stora Enso has completed the divestment announced on 26 July 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages Ltd.

stora new 2017The total cash consideration for the divestment of the shares is EUR 6 million. The loss on disposal amounts in total to approximately EUR 19 million and it will be recorded as an item affecting comparability in Stora Enso’s third quarter 2017 results.

With this transaction, Packages Ltd. achieves full ownership of Bulleh Shah Packaging.

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 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 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

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Stora Enso announced in February plans to permanently close down one paper machine 8 (PM8) and related reorganisation at the Kvarnsveden Mill in Sweden that could affect a maximum of 140 people at the mill. PM8 was permanently shut down in June, and the negotiations between central parties have now been concluded.

stora new 2017The impact of the reorganisation and PM8 closure was mitigated through individual solutions, such as early retirement. Altogether the number of people affected will be 122.

Stora Enso is convinced that through the measures taken, it is possible to improve the competitiveness of the Kvarnsveden Mill going forward.

Production at Kvarnsveden Mill will continue on two lines, PM10 for improved newsprint paper and PM12 for SC papers.

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 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 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 

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