Stora Enso Invests in its Wood Products Division
Helsinki, Finland 14 December 2015 -- Stora Enso invests in pellet production at Ala Sawmill in Sweden. This is in line with the group's strategy to grow in high value added wood products and to focus on integrated production. Stora Enso will invest EUR 16 million to start pellet production and to renew the boiler at Ala Sawmill in Sweden. The investment allows the group to turn the sawdust - a by-product at the sawmill - into pellets, a high value source for renewable energy. The integrated pellet production at the sawmill will secure the best product quality and manufacturing efficiency, while the investment in the boiler will improve the cost efficiency and environmental performance of the mill. Pellet production is estimated to start during the second quarter of 2017.
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