Helsinki, Finland 09 September 2016 -- Stora Enso has successfully completed the modernisation of its sawmill in Murów, Poland, investing EUR 28 million in its renewal to increase the mill's capacity and improve its competitiveness.
"This investment is part of Stora Enso's transformation into a renewable materials company. It enables us to meet growing urban construction needs and better serve customers in Central and Eastern European markets. In addition, Murów Sawmill enables us to strengthen our offering to customers in selected global markets," says Stora Enso's CEO Karl-Henrik Sundström.
Murów is an ideal location for a modern sawmill for several reasons: close proximity to raw material sources and growing markets, excellent infrastructure and experienced and highly professional staff.
The modernisation will increase the sawmill's yearly capacity from 70 000 m3 to 400 000 m3. The raw material used is mainly Polish pine and spruce sourced from the surrounding forests. In the Polish forests, attention has been paid to the promotion of sustainable forestry practices, including the forest management certification of the wood supply base. The Murów mill's wood traceability system is covered by both FSCTM and PEFC® Chain of Custody certification.
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