Stora Enso leases part of the Veitsiluoto site to Infinited Fiber Company
STORA ENSO OYJ PRESS RELEASE 20 June 2022 at 9:30 EESTStora Enso is leasing the former paper machinery hall at its Veitsiluoto site in Finland to the textile technology company Infinited Fiber Company, which plans to build a commercial-scale factory to produce regenerated textile fiber from textile waste. Earlier this month Stora Enso sold its district heating business at Veitsiluoto to utility infrastructure company Nevel, a provider of advanced industrial and municipal infrastructure solutions.
“We always want to find sustainable and financially robust long-term solutions to ensure a