• 20/03/2012
  • |     BB

Stora Enso to Build Board and Pulp Mill in China

Stora Enso reveils plans to build new durable EUR 1.6 billion consumer board and pulp mill in China.

Trefwoorden: #china, #finland, #Guangxi, #STORA ENSO

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persbericht

ENGINEERINGNET.EU -- Stora Enso in Finland plans to build plantation-based integrated board and pulp mills at Beihai city in Guangxi, southern China.

The mill site will initially include a 450.000 tonnes per year state-of-the-art paperboard machine and pulp capacity of 900 000 tonnes per year, including necessary energy plant and auxiliary facilities.

In a unique set-up, the board and pulp mills will be self-sufficiently integrated with wood supply from 120 000 hectares of self-managed eucalyptus plantations. The ultimate target is to expand the paperboard capacity to 900 000 tonnes at a later stage.

The operations will be managed by an equity joint-venture company established by Stora Enso (85%) and the Guangxi Forestry Group (15%), a state-owned company under the Guangxi provincial government.

The project investment will be approximately EUR 1.6 billion.


< (picture: Stora Enso, eucalyptus plantation)

BACKGROUNDER
Stora Enso’s operations in China include a 245 000 tonnes per year coated fine paper mill in Suzhou and a 170 000 tonnes per year uncoated magazine paper mill at Dawang. The company employs currently about 4 500 people in China.