Stora Enso to Build Production Unit for Biocomposite Granules
Stora Enso is investing EUR 12 million to build a new production line that will manufacture biocomposite granules at Hylte Mill in Sweden. Biocomposite granules enable the use of renewable wood to substitute a large portion of the fossil-based materials in products typically produced in plastics. Production is scheduled to begin during the first quarter of 2018. The annual capacity will be approximately 15 000 tons per year. The ramp-up of the new production line and a new type of manufacturing is expected to take 2–3 years. Innovative & Sustainable Alternative “This investment is part of Stora Enso’s transformation into a renewable materials company and demonstrates our ability to provide an innovative and more sustainable alternative to plastics. With this new biocomposite production line, we are well positioned to capture growth opportunities in climate and environmental friendly materials,” says Jari Suominen, EVP, Head of Stora Enso’s Wood Products division. Best Use