Project Notice |
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| PNR | 44072 |
| Project Name | STORA ENSO - ENVIRONMENTAL CONVERSION |
| Project Detail | The project is to finance an investment in a full conversion of an existing old integrated pulp and paper mill from wood-free coated paper (for the printing sector) into a board-packaging mill, mainly for the food and beverage sector. Objectives The project supports Oulu mills full conversion from the production of pulp and paper for the declining printing sector to the production of pulp and kraftliner boards for renewable packaging, and is consistent with the overall Promoters strategic shift towards sustainable and renewable packaging solutions. The modernisation of the pulp mill will lead to reducing the overall environmental footprint of its pulp output through the installation of highly efficient process technology (in line with Best Available Techniques (BAT)). Comments Sector SECTION C : MANUFACTURING // Industry Environmental aspects Sector(s) Industry - Manufacturing Proposed EIB finance (Approximate amount) EUR 150 million Total cost (Approximate amount) EUR 345 million |
| Funded By | European Investment Bank (EIB) |
| Country | Finland , Western Europe |
| Project Value | EUR 345,000,000 |
Contact Information |
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| Company Name | STORA ENSO OYJ |
| Web Site | https://www.eib.org/en/projects/pipelines/all/20200384 |
