Stora Enso said that it will modernize two board machines (BM 2 and BM 3) and chemi-thermomechanical pulping (CTMP) plant 2 at its Fors Mill in Sweden to improve quality and pulp production.
According to Stora Enso, the upgrade project is a EUR 29 million investment.
Work will begin this year and the company expects the BM 3 and pulp plant projects to be completed in January 2008, and January 2009 for BM 2.
When completed, the modernization will moderately increase the mill's production capacity, Stora said.
Stora Enso is also investing EUR 16.8 million to reduce energy costs by increasing packaging-derived fuel (PDF) and biofuel combustion capacity at its Anjalankoski Mill in Finland.
The project, which is scheduled for completion in the fall of 2008, will reduce dependence on fossil fuels and increase the utilization of recovered materials and biofuels, Stora said
PDF combustion capacity will be increased from 50,000 tpy to 135,000 tpy.
SOURCE: Stora Enso