Stora Enso invests for strategic growth in packaging

Packaging Solutions

Stora Enso will invest a total of approximately €70 million in a new polyethylene (PE) extrusion coating plant and an automated roll warehouse at Imatra mills in Finland. Extrusion coating is a process used to enhance the functionality of paperboard packaging by creating barrier properties for demanding applications such as food and liquid.

The investment will enhance the company’s ability to meet increasing customer demand for food service board and liquid packaging board, which is estimated to grow above industry standard.

This investment is part of Consumer Board division’s growth strategy to ensure competitiveness and deliver profitable growth. The additional extrusion coating capacity will also allow further product development of innovative new generation bio-barriers, amongst others.

The investment will begin in Q2 2016 and is expected to be completed in early Q4 2017.