Pulp & Paper
Stora Enso Plans to Restart Operations at Finnish Pulp Mill
Swedish-Finnish paper, packaging and forest company Stora Enso (OTC:SEOAY) (Helsinki, Finland) is planning to resume operations at the company's plant in...
Released Tuesday, December 08, 2009
Researched by Industrial Info Resources (Sugar Land, Texas)--Swedish-Finnish paper, packaging and forest company Stora Enso (OTC:SEOAY) (Helsinki, Finland) is planning to resume operations at the company's plant in Sunila, Finland, by the end of the year.
The plant has been shut down since April because of the economic crisis and the decreased demand for paper products. However, since the pulp market has improved in the past few months, the company reassessed the decision to permanently close the mill. Although uncertainties exist about the plant's profitability and current market trends, Stora Enso made the decision to reopen the facility. Other pulp and paper plants are still scheduled to end operations by the last quarter of this year and the first quarter of 2010. For more information, view related September 21, 2009, article - Paper Manufacturer Stora Enso Forced to Close Plants in Finland.
Company officials stated that measures will be taken to secure the viability of the forest, pulp, and paper products industry in Finland. The pulp mill in Sunila produces 375,000 tonnes of softwood pulp per year and employs 250 people.
Stora Enso is a global company that produces and markets paper, packaging, and forest products. The company has more than 85 facilities in 35 countries and employs 29,000 people.
View Plant Profile - 1088107
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news.
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