Stora Enso to convert Varkaus finepapermachine
Stora Enso makes EUR 110 million transformation investment in conversion of Varkaus Mill fine paper machine to light-weight containerboard.
Renewable-fibre-based packaging has good growth potential in Europe and globally, and Stora Enso sees an opportunity to benefit from that growth by investing in competitive kraftliner capacity at Varkaus. Through the machine conversion, Stora Enso is taking advantage of the combination of two market forces: the decreasing global market for paper but increasing global market for renewable packaging board.
“Varkaus is an ideal mill for this kind of conversion. It has an integrated pulp mill, a power plant and a suitable paper machine. In addition, the mill is well located from a raw material supply point of view and it has the necessary infrastructure and competence to run the project successfully,”says CEO Jouko Karvinen.