Released June 22, 2021 | GALWAY, IRELAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Stora Enso Oyj (Helsinki, Finland), a leading player in Europe's Pulp & Paper Industry, is bolstering investment in its plants across Europe, including an US$850 million expansion planned to begin construction next year.
Given the pandemic-fueled uncertainty surrounding Europe's Pulp & Paper Industry, this could be a pivotal move for Stora Enso. Following a sharp decline in paper demand, the company recently announced operations would cease at two of its main mills in Veitsiluoto, Finland, and Kvarnsveden, Sweden. The closures will reduce Stora Enso's paper production 35%.
Industrial Info is tracking US$1.37 billion worth of active Stora Enso projects set to begin construction in the future. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pulp & Paper Project Database can click here for a list.
Click on the image at right for a graph detailing future Stora Enso project kickoffs, by country.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Given the pandemic-fueled uncertainty surrounding Europe's Pulp & Paper Industry, this could be a pivotal move for Stora Enso. Following a sharp decline in paper demand, the company recently announced operations would cease at two of its main mills in Veitsiluoto, Finland, and Kvarnsveden, Sweden. The closures will reduce Stora Enso's paper production 35%.
Industrial Info is tracking US$1.37 billion worth of active Stora Enso projects set to begin construction in the future. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pulp & Paper Project Database can click here for a list.
Click on the image at right for a graph detailing future Stora Enso project kickoffs, by country.Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
