Stora Enso invests in its corrugated packaging production in Poland
STORA ENSO OYJ / PRESS RELEASE /TRADE MEDIA NEWS RELEASE/STORA ENSO POLAND SA NEWS 24 July 2024 at 10:00 CET
Stora Enso invests EUR 3O million to upgrade and grow its corrugated packaging production in Ostrołęka, Poland, where the company already has a solid foothold. Stora Enso’s corrugated products are currently being used in many industry segments, such as food and beverage, electronics, furniture and e-commerce.
The investment further strengthens Stora Enso’s position as a leading provider of renewable materials with the new cost-competitive capacity. With its new 2.8 meter width corrugator and other upgrades in Ostrołęka, Poland, Stora Enso will meet the growing customer demand for sustainable packaging solutions and increase the efficiency of its operations at Ostrołęka. The investment will also enable the company to strengthen the integration with its containerboard business.
“We want to be the first-choice partner for corrugated packaging solutions in Europe. This investment demonstrates our dedication to further strengthen our position in this area and serve our customers even more efficiently than today through our modernized production in Poland," says Ad Smit, EVP Packaging Solutions division, Stora Enso.
Work on site is expected to start in Q3 2024 and be completed in the end of 2025.
For further information, please contact:
Liisa Nyyssönen
SVP Communications, Packaging Solutions division, Stora Enso
Mobile: +358 40 544 3491
Stora Enso Corrugated Plant in Poland is part of The Packaging Solutions division, a packaging converter that provides fiber-based packaging products and services used by leading brands across multiple markets, including retail, e-commerce, fresh produce, and industrial applications. The division also provides design and sustainability services for customers to optimise material use, logistics and to reduce CO2 emissions.
Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs and Ordinary Shares (SEOAY, SEOFF, SEOJF). STORA ENSO
For further information, please contact:
Liisa Nyyssönen
SVP Communications, Packaging Solutions division, Stora Enso
Mobile: +358 40 544 3491
