Group Takes Further Steps to Help to Mitigate Climate Change
HELSINKI, Finland, Nov. 7 /Xinhua-PRNewswire/ -- Stora Enso is improving energy efficiency through investments totalling EUR 260 million at Langerbrugge Mill in Belgium and Maxau Mill in Germany. Both projects are scheduled to be completed in the second quarter of 2010.
"These investment projects will significantly reduce fuel costs while increasing the use of bio energy at each mill. Through these investments, the Group will reduce its annual carbon dioxide emissions by some 105 000 tonnes. Langerbrugge Mill produces newsprint and uncoated magazine paper entirely from recovered paper and is located close to its customers. Production at Maxau Mill, which is also near its customers, thereby reducing its logistics costs, is based mainly on recovered paper," says Juha Vanhainen, EVP Newsprint.
At Langerbrugge Mill and at Maxau Mill a new multifuel Circulating Fluidised Bed (CFB) boiler will be installed in the existing power plant. The aim of the investments is to enable combined heat and power generation with a competitive fuel mix. Once completed, these installations will increase the self-sufficiency in electricity of the two mills.
About Stora Enso
Stora Enso is an integrated paper, packaging and forest products company producing publication and fine paper, packaging board and wood products -- all areas in which the Group is a global market leader. Stora Enso's sales totalled EUR 14.6 billion in 2006. The Group has some 44 000 employees in more than 40 countries on five continents. Stora Enso has an annual production capacity of 16.5 million tonnes of paper and board and 7.4 million cubic metres of sawn wood products, including 3.2 million cubic metres of value-added products. Stora Enso's shares are listed in Helsinki, Stockholm and New York.
