The Tissue sector is performing a continuous growth worldwide, and this trend is about to even strengthen in the coming years. Currently tissue papers are daily necessities of every human being. Taking current trends into account, Latin America and Eastern Europe are the key areas that are ready to grow.
Convertidor de Papel, S..A de C.V. (Convertipap) is a paper producer that decided to follow above trends and to expand its tissue business. Now, the family business has strategically expanded and has two plants located in the Mexican Republic; but it’s not over, currently Mexican producer decided about another investment, that will shift its business to the next level.
The company just announced a market expansion that will be possible thanks to the investment in the new tissue machine, that will be added to its already impressive fleet. Convertipap decided to award PMP (Paper Machinery Producer) with an order for a delivery of Intelli-Tissue® Advanced 2100 Tissue Machine.
PMP will supply a new Crescent Former Intelli-Tissue® Advanced 2100 machine with a maximum capacity of 41,000 tpa, reel trim of 2850 mm and the maximum balance speed of 2100 mpm. Machine will produce high quality tissue with the basis weight range of 12.5-40 gsm at the reel.
The new project will be an exciting step in the Mexican’s market development. Convertipap presents an aggressive development strategy with a plan to continue its increase of the market share. One of the main goals is to become the preferred tissue supplier in the Mexican region, offering a wide span of premium tissue products.
PM6 will be equipped with state-of-the-art equipment designed and manufactured by PMP, including core technological units, such as hydraulic headbox Intelli-Jet V®, Intelli-Former® CF type, Intelli-Press®, gas heated yankee hood Intelli-Hood®, 15’ steel Yankee Dryer Intelli-YD® as well as reel Intelli-Reel® with extended rail storage. Scope of supply will cover also stock preparation system, dust & mist removal systems, recovery steam generator, mechanical & electrical drives, steam & condensate system, vacuum system, lubrication system, TM controls, baseplates, start-up supervision and training services. Delivery and start-up are scheduled for the middle of 2020.
The whole project will definitely open the door to success both for Convertipap, that is continuously developing in the Mexican market, but also for PMP, as their first tissue project in Mexico will be its flag reference in the Latin American market.
First Commercial Deployment for Innovative Minerals Recycling Technology
Technology Provides Environmental and Cost-Reduction Solutions for Customers
Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) have just announced that it has completed the installation and deployment of ENVIROFIL® PCC at UPM-Kymmene Corporation’s (“UPM”) paper mill in Schongau, Germany. This is the first commercial deployment of ENVIROFIL® PCC and follows extensive collaboration with UPM. 50,000 dry metric tons of recovered pigments are scheduled for paper production annually at UPM’s satellite plant.
ENVIROFIL® PCC is a new, innovative recycling technology that allows papermakers to recover mineral pigments from deinking residue by converting these raw materials to ENVIROFIL® PCC. This process has proven to substantially improve waste paper yield, mitigating solid waste disposal costs and reducing the environmental impact of the deinking process.
“We are very pleased to work with UPM to deploy our newest recycling technology, which helps to address important sustainability challenges that our customers are facing at the paper mill,” said Douglas T. Dietrich, Chief Executive Officer of Minerals Technologies. “This collaboration with UPM demonstrates the value ENVIROFIL® PCC can provide our customers who are seeking ways to recover waste from the production process. We continue to develop innovative new solutions across our portfolio to meet evolving demands from customers, who require products geared towards environmental and recycling issues in addition to cost reduction solutions.”
Wolfgang Ohnesorg, General Manager of UPM Schongau, added, “The circular economy and resource efficiency offer solutions to the scarcity of natural resources, climate change and many other environmental challenges. Many of the challenges we face could be solved if materials and products were recycled and used more efficiently. In the value chain of forest industry products, UPM is involved in creating circular economy solutions.”
“UPM’s research into paper mill side streams aims to find more efficient ways to utilize by-products. In line with UPM’s Biofore approach, we continuously develop innovative ways to reduce our own waste and residues and to recycle waste into new products. The collaboration with MTI is an excellent example of our efforts to promote a circular economy. The project is part of UPM’s Zero Solid Waste target, which aims to develop solutions for recycling surplus materials to ensure that they produce added value. We already recycle or recover 90% of the process waste at UPM with our goal to further reduce the emissions and waste related to our production,” Mr. Ohnesorg concluded.
D.J. Monagle III, MTI Group President, Specialty Minerals and Refractories, commented, “We have a longstanding relationship with UPM, and we are excited to further strengthen our partnership. Through this new solution, we are providing an enhanced process for our customers to convert waste material that would normally be deposited to a landfill into a valuable pigment for producing paper. We see additional opportunities to commercialize ENVIROFIL® PCC to support our customers’ efforts to reduce process waste as well as to deploy our other high-value paper technologies.”
About Minerals Technologies Inc.
New York-based Minerals Technologies Inc. (MTI) is a resource- and technology-based growth company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. MTI serves the paper, foundry, steel, construction, environmental, energy, polymer and consumer products industries. The company reported sales of $1.808 billion in 2018. For further information, please visit our website at www.mineralstech.com. (MTI-G)
About UPM Communication Papers
UPM Communication Papers is the world's leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. The high performing papers and service concepts of UPM add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Communication Papers employs approximately 8,000 people. More about UPM Communication Papers and its products at www.upmpaper.com
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,000 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore - Beyond fossils. www.upm.com
International technology Group ANDRITZ has received an order from MG TEC Industry to supply two complete tissue production lines for their mill in Dej, Romania. Start-up is scheduled for 2020 (TM1) and 2022 (TM2), respectively.
The turnkey order comprises two PrimeLineCOMPACT V tissue machines with steel Yankee as well as complete stock preparation systems, pumps, automation, hall ventilation, and electrification.
Each production line will be equipped with an ANDRITZ stock preparation line including approach flow system and broke handling. The proven TwinFlo disc refiner technology is used in a separate long-fiber line to achieve optimum development of fiber properties. The approach flow systems feature the ANDRITZ ShortFlow concept, which allows a minimized number of equipment items and very low storage volume as well as fast grade changes at the tissue machine.
The ANDRITZ tissue machines have a design speed of 1,900 m/min and a width of 2.85 m. They are equipped with a 15 ft. PrimeDry Steel Yankee for energy-efficient and safe operation. The drying components PrimeDry Hood G, PrimeDustEXT dust extraction system, and PrimeMistEXT mist extraction system as well as the hall ventilation system will be delivered by ANDRITZ Novimpianti.
The ANDRITZ pumps with efficiencies of up to 90% enable long life cycles at highest cost-effectiveness.
The ANDRITZ automation system combined with the latest drive technology ensures modern and efficient plant operation.
This order once again confirms ANDRITZ’s excellent position as a global tissue machine supplier. Ioan Tecar, Project Coordinator, says: “Decisive criteria for the order were the innovative technologies of ANDRITZ that enable easy and safe operation with high quality and the capability to deliver everything from a single source.”
MG TEC Industry is a newly formed company focusing on innovation and sustainable tissue production.
ANDRITZ Pulp & Paper is a leading global supplier of complete plants, systems, equipment, and comprehensive services for the production and processing of all types of pulp, paper, board, and tissue. The technologies cover processing of logs, annual fibers, and waste paper; production of chemical pulp, mechanical pulp, and recycled fibers; recovery and reuse of chemicals; preparation of paper machine furnish; production of paper, board, and tissue; sizing, calendering and coating of paper; as well as treatment of reject materials and sludge. The service offering includes system and machine modernization, rebuilds, spare and wear parts, on-site and workshop services, optimization of process performance, maintenance and automation solutions, as well as machine relocation and second-hand equipment. Biomass, steam and recovery boilers for power production, gasification and flue gas cleaning plants, systems and plants for the production of nonwovens and absorbent hygiene products, dissolving pulp, and panelboard (MDF), as well as recycling and shredding solutions for various waste materials also form a part of this business area.
In the Industry 4.0 or Fourth Industrial Revolution that all productive sectors are currently experiencing, space takes on life in real time through man-machine integration and its interconnections, generating innovation in products, equipment design and transforming the organizational culture of companies. Within this context, the Brazilian Pulp and Paper Technical Association (ABTCP) based itself to define this year’s theme: HUMANIZED TECHNOLOGY: products, innovation, design and culture in Industry 4.0 for the 52nd Pulp and Paper International Congress.
The event, which will be held at the Hotel Transamerica in São Paulo, October 22-24, will not include the Exhibition of Technologies, and will have as guest president for the ABTCP 2019 Congress, Márcio Bertoldo, Manufacturing VP of International Paper Brazil in Latin America. “This Congress offers a unique opportunity for learning and networking, bringing together specialists to provide their different points of view and experiences to discuss business themes centered on the Pulp and Paper sector.” Bertoldo added that we are living in a scenario of constant changes and by gathering industry and academia professionals to discuss trends is of utmost importance for generating innovation and sharing good practices.
According to the president of the ABTCP 2019 Congress, the pulp and paper sector has always focused on the pursuit of product and process innovations to quickly respond to market changes and keep up with the evolution of customer needs. This further reinforces the relevance of the topic selected by ABTCP for this year’s event with a focus on boosting competitiveness. “The pursuit of new solutions is necessary for the survival of businesses and never stops. This pursuit refers to the ability to introduce and develop even better new products that satisfy customer demands and help conquer new markets, generating benefits for everyone,” said Bertoldo.
During the ABTCP Congress, says Bertoldo, a positive environment is created to show participants best practices in Management, Sustainability, Innovation, and the latest advancements in various technical areas. Additionally, International Paper Brazil’s executive points out that the event creates opportunities for developing knowledge and skills, promoting better operating efficiency and a lot of information exchanging, facilitating discussions about the latest technologies, operational improvements and business developments among the sector’s key players.
According to the president of the ABTCP 2019 Congress, Industry 4.0, also known as the Fourth Industrial Revolution, refers to a level of automation through the use of new technologies and use of intelligent machines, providing productivity gains, better quality and production, while also reducing costs. It is a new work model associated with technological progress.
“With evolution, industry is adopting technologies that will provide more operational flexibility for machinery and equipment, with greater capacity utilization and faster reaction times, to increase the productivity and profitability of businesses. However, it is important to point out that the use of human capabilities in processes is fundamental for everything to work in a seamless and efficient manner,” said Bertoldo, reflecting on the theme of this year’s ABTCP 2019 Congress: HUMANIZED TECHNOLOGY: products, innovation, design and culture in Industry 4.0.
For more information about ABTCP 2019: www.abtcp2019.org.br
Event date: October 22-24, 2019
Venue: Hotel Transamerica, in São Paulo/SP
Address: Av. Dr. Mário Villas Boas Rodrigues, 387 – Santo Amaro • São Paulo-SP-Brazil
A.Celli Paper is pleased to confirm its ongoing and valuable collaboration with the Chinese group Shanying Huazhong Paper Industry Co., Ltd., enshrined in the agreement for the supply of two latest generation E-WIND® P100 rewinders, for the mill located in Zhangzhoi City, in Fujian province, China.
The E-WIND® P100 Paper Rewinders, highly developed in terms of design, will have a paper width of 6660 mm and will guarantee a maximum production speed of 2500 mpm (operating speed).
They are combined with sophisticated technological innovations including:
- Innovative Slittomatic® double motor cutting unit positioning system;
- Web-in technology, the automatic system that maximises the management of positioning cutting units without the need to break the web, with considerable time and safety savings for operators;
- Jumbo roll parking station and shuttle (mobile trolley on rail) for their handling.
These two rewinders have been selected by the Chinese group to process medium board paper, with basis weight range from 80 up to 160 gsm.
Liansheng Paper had already purchased two other rewinders, with the same width, in 2016 and Shanying Group, of which the paper mill is part, bought two large-width paper rewinders (8 meters) from A.Celli last year.
An important new confirmation of a consolidated partnership between Shanying Group and A.Celli, which underlines the success of the paper rewinders A.Celli E-WIND®.
SCA intends to divest SCA Logistics (Rotterdam) B.V. to the Dutch company Matrans Holdings B.V. The transaction is expected to reduce SCA’s net debt by about 575 M SEK, including both the purchase price and the effect of financial leases which are included in the sale. The divestment is expected to reduce SCA’s EBITDA by around 30 M SEK on an annual basis.
SCA Logistics (Rotterdam) B.V.’s operations comprises the port terminal, stevedoring, forwarding and ships agency services. The company leases quay and the terminal land area from the Port of Rotterdam and owns the warehouses, offices, cranes and vehicles located on the leased area.
Matrans Holdings B.V. currently runs logistic services from neighboring terminals. As part of the agreement, Matrans Holdings B.V. will continue to supply logistics services to SCA . SCA Logistics will also continue to run efficient and regular marine feeder traffics for bulk, roro- and container via the Rotterdam terminal. The terminal, under the new ownership of Matrans, will be run by the same management and staff as today.
“SCA has run its own logistic servies since 1967 and Rotterdam is one of the most important ports for SCA’s products”, says Magnus Svensson, President Sourcing & Logistics. “Through the sale of the terminal to Matrans Holdings, we will be able to maintain the present high logistics service level.”
SCA Logistics (Rotterdam) B.V. has approximately 80 employees in the Rotterdam terminal. The intended sale is subject to customary Workers Council consultation and approval by Port of Rotterdam.
For further information, please contact:
Magnus Svensson, President Sourcing & Logistics, +46 60 19 35 41
The core of SCA’s business is the forest, Europe’s largest private forest holding. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others’ forests. We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. 2018 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 18.8bn (EUR 1.8 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. For more information, visit www.sca.com
By changing from classic rubber covers to CeraGuide B ceramic roller coatings from Voith, Schoellershammer was able to significantly increase the efficiency of its PM 5. The new coatings not only reduced the regrinding frequency but also increased the service life of the wire, as well as reducing energy consumption on the drives.
• CeraGuide B ceramic roller coating surface prevents shape wear and deposits
• Longer grinding intervals improve paper machine productivity
• Results in 20 percent longer service life of the wire in the forming section
Until early 2016, Schoellershammer used rubber covers on PM 5 for drive, breast and guide rollers in the wire section. Due to the production conditions of the machine and the drive concept, the covers were subject to high edge wear. This deterioration had a direct effect on the service life of the wire. The worn edges of the rubber covers caused speed differences between the middle of the wire and its edges. This led to increased tension in the cross direction of the machine. In addition, there was edge rusting that frequently occurs with rubber covers. Over the course of time, they cause the covers to rise at the edges. To prevent damage to the paper machine, Schoellershammer had to stop production every five to seven months, remove the roll covers and regrind them.
These downtimes significantly reduced the efficiency of the production line on which Schoellershammer produces half of its annual paper production, equating to around 500,000 tons of corrugated board.
Armin Vetter, Managing Director of Schoellershammer, therefore decided to replace the rubber covers with CeraGuide B ceramic coating from Voith at the beginning of 2016. CeraGuide B has been specially developed for the working conditions of drive and guide rollers in the wire section and has a dirt-repellent and abrasion-resistant surface. This prevents deposits while extending the grinding intervals.
In addition, the use of CeraGuide B reduces energy consumption. Shortly after installing the first drive roller in the lower wire position, the consumption of drive energy was reduced by five percent. In contrast, the service life of the wire increased significantly: After five months in operation, the service life of the wire increased by about 20 percent. In addition, the consistently homogeneous roll surfaces resulted in a better and more stable web profile.
Due to the positive experience, the Duerener paper manufacturer has now equipped all wire section rolls of PM 5 with CeraGuide B ceramic coatings. The company has also decided to apply Voith's innovation to PM 6, which produces about 250,000 tons of corrugated board per year.
The Schoellershammer paper mill is part of Schoellershammer GmbH & Co. KG. It has existed since 1784 and today the company produces per year around 500,000 tons of corrugated base paper on two paper machines. The company employs 245 people and has an annual turnover of around 200 million euros.
About the Voith Group
The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, the company today has more than 19,000 employees, sales of € 4.2 billion and locations in over 60 countries worldwide and is thus one of the large family-owned companies in Europe.
The Group Division Voith Paper is part of the Voith Group. As the full-line supplier to the paper industry, it provides the largest range of technologies, services, components and products on the market and offers paper manufacturers solutions from one single source. The company’s continuous stream of innovations takes papermaking to the next level and facilitates resource-conserving production. With its Servolution concept, Voith offers its customers tailored service solutions for all sections of the production process. Voith Papermaking 4.0 ensures that equipment is optimally connected, while the secure use of generated data enables paper manufacturers to improve plant availability and efficiency.
The 3rd International Symposium on Tissue and Recycling Research and Technology (SIPTPT) will take place October 23, 2019 in conjunction with the 52nd Pulp and Paper International Congress, which will be held October 22-24, 2019 in São Paulo (SP), at Hotel Transamerica.
Sponsored by ABTCP-RIADICYP, with support from RIARREC and POLI-USP, the 3rd SIPTPT is part of RIARREC’s program of International Symposiums, which have been going on since 2009 with the objective of addressing emerging themes associated to the pulp and paper sector in different countries, with support from local associations.
The first symposium held in Brazil, as part of the ABTCP 2009 Pulp and Paper Congress, was dedicated to the fundamental knowledge of paper recycling. The second symposium, held in Argentina in 2011 and organized in conjunction with AFCP, addressed energy efficiency in the pulp and paper industry. This year, the third edition of the series, in partnership with ABTCP-RIADICYP, will focus on challenges pertaining to tissue production research and technology.
“From the discussions about fundamental themes pertaining to tissue, such as fiber network structure, fibrous raw materials, paper properties and quality, physical test methods, machine technology, wet-end chemistry, and conversion processes, the 3rd SIPTPT will promote opportunities to exchange knowledge and recent results of studies related to tissue production, for engineers and scientists from different countries, as well as foster cooperation between different groups,” says Afonso H. T. Mendes, coordinator of the Tissue Technical Subcommittee and chairman of the Symposium.
The Symposium will include the participation of keynote speakers and guest speakers soon to be divulged, who will present topics of great relevance for the sector, and oral presentations and poster presentations of regular works submitted to the organizers and evaluated by the Scientific Committee, chaired by Prof. Dr. Song Won Park.
More information about the 3rd International Symposium on Tissue and Recycling Research and Technology is available at: http://abtcp2019.org.br/en/tissue-symposium
For more information about ABTCP 2019: www.abtcp2019.org.br
Event date: October 22-24, 2019
Venue: Hotel Transamerica, in São Paulo/SP/Brazil
Address: Av. Dr. Mário Villas Boas Rodrigues, 387 – Santo Amaro • São Paulo-SP-Brazil
International Paper (NYSE: IP) has entered into an agreement with West Coast Paper Mills Limited (NSE: WSTCSTPAPR) to sell its controlling interest in International Paper APPM Limited (NSE:IPAPPM | BSE:502330), an India-based paper business. International Paper currently owns approximately 30 million shares, or 75% of the outstanding shares, of International Paper APPM Limited (APPM).
The transaction is expected to be completed by the end of the year subject to satisfaction of customary closing conditions, including obtaining required governmental approvals and West Coast Paper Mills Limited's (WCPM) launch of a tender offer. Pursuant to Indian securities law requirements, WCPM will launch a tender offer to acquire up to all of the APPM shares owned by public shareholders, which represents 25% of APPM's outstanding shares. The closing of IP's transaction with WCPM will occur following the completion of the tender offer and receipt of antitrust clearance. Depending on the results of that tender offer, WCPM will acquire from IP between 51% and 60% of the outstanding APPM shares at a price per share of 275 Indian Rupees. Once this transaction closes, WCPM will be responsible for the operations of APPM, and International Paper will be a passive investor until such time that IP has sold its remaining shares in APPM.
"As part of our strategic assessment of the IP portfolio, we have decided to exit our position in IP APPM," said Mark Sutton, Chairman and Chief Executive Officer. "This decision is a reflection of our continued focus on growing our global packaging and cellulose fibers businesses. Our paper business continues to perform well in India and we wish the team there the very best in the future."
About International Paper
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa, India and Russia. We produce corrugated packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness; and papers that facilitate education and communication. We are headquartered in Memphis, Tenn., employ 53,000 colleagues and serve more than 25,000 customers in 150 countries. Net sales for 2018 were $23 billion. For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com
Stora Enso has decided to invest approximately EUR 350 million to convert the Oulu paper mill in Finland into packaging production. The investment includes converting paper machine 7 into high-quality virgin-fibre-based kraftliner production, and the closure of paper machine 6 and sheeting plant. Production on the converted machine is estimated to start by the end of 2020.
“The conversion of Oulu Mill will enable Stora Enso to further improve its position in the growing packaging business and take a major step forward in its transformation. We have proven competence in running large conversion projects successfully, as we have already converted one paper machine at Varkaus Mill to produce kraftliner,” says Stora Enso’s CEO Karl-Henrik Sundström.
The typical end uses for kraftliner are in packaging segments that require high strength, quality and purity, such as food, fruit and vegetables as well as heavy duty packaging. Production will target global export markets.
“Economic growth, sustainability and food safety are key market drivers in the packaging business. This conversion will allow us to provide customers with an innovative kraftliner product with high-performance qualities in terms of strength, printability and food safety,” says Gilles van Nieuwenhuyzen, EVP, Stora Enso’s Packaging Solutions division.
To transform Stora Enso further from declining and low EBITDA business to growing higher profitability business, the Group will invest approximately EUR 350 million in the conversion during 2019–2022. This will increase the Group’s earlier estimated capital expenditure for 2019 from EUR 540–590 million to EUR 610–660 million. The market dynamics of woodfree coated paper have deteriorated further, and therefore Stora Enso must accelerate its transformation by increasing capital expenditure from the earlier estimate. Following the conversion, Oulu Mill’s EBITDA margin is expected to improve by 15–20 percentage points, once the kraftliner machine is running at full capacity approximately four years after start-up. At full capacity, the investment is expected to meet the Packaging Solutions division’s profitability target, operational return on operating capital (ROOC) of 20%.
The investment will include a new world-class line for virgin-fibre based kraftliner (both brown and white-top) with an annual capacity of 450 000 tonnes, the modification of the pulp mill and drying machine for unbleached brown pulp, as well as investments to enhance the mill’s environmental performance. The project will start with ground work in the summer of 2019, and about 200 contractors will work at the Oulu Mill site during the project.
The converted Oulu Mill will directly employ approximately 180 people. Wood consumption at the mill will increase by 0.5 million m3 to 2.4 million m3 annually. Wood will be purchased mainly from private forest owners in Northern Finland.
As an outcome of the co-determination process started on 25 March 2019, 365 people will be permanently laid off. The initial estimate on the maximum number of employee reductions was 400 people. The redundancies will mainly take place by the end of year 2020, when Oulu Mill will cease to produce woodfree coated papers. Stora Enso will provide support to the people who will not continue working at the Oulu Mill after the conversion. At maximum 20% of the redundancies can be managed through pension arrangements.
“We will be working closely together with other Stora Enso locations, the city of Oulu and other stakeholders to support in re-employment for those employees who will not have a position in the new organisation. Our support will include outplacement services as well as individual and group trainings for re-employment. We will also offer financial support for employees starting up their own companies,” says Kati ter Horst, EVP, Stora Enso’s Paper division.
Stora Enso will book a cost of EUR 31 million as an item affecting comparability (IAC) relating to layoffs, restructuring expenses, asset write-downs and impairment reversals, of which EUR 7 million will be recognised in the second quarter of 2019 and EUR 24 million in the following five quarters. The restructuring related costs will have a cash impact of approximately EUR 19 million when paper production at the mill ends.
Oulu Mill’s current capacity is 1 080 000 tonnes of woodfree coated papers annually. Typical end-uses for woodfree coated papers are e.g. high-quality advertising and magazines. Paper production is expected to continue until the end of September 2020.
Part of the bioeconomy, Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26 000 employees in over 30 countries. Our sales in 2018 were EUR 10.5 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com