Stora Enso has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group, announced in September 2022. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023. The Nordic company acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries. Its product portfolio and geographic presence will complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial packaging.
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Stora Enso launched a wood building kit to meet the demand for sustainable construction solutions
Stora Enso launched Sylva™ by Stora Enso to meet the demand for sustainable and innovative construction solutions,. Sylva is a massive wood building kit comprising pre-manufactured, custom-made applications delivered just-in-time to the building site. The solution enables faster construction, reduced costs, more efficient use of raw material and fewer emissions than concrete or steel.
Stora Enso and EcoTelligent Oy joined forces to advance sustainable wood-based telecom towers
A new partnership between Stora Enso and EcoTelligent Oy will establish mass timber as the material of choice for telecommunication support structures. The collaboration is set to provide an alternative that will reduce the dependency on steel and concrete in telecom masts, through sustainable towers that naturally blend in with the environment.
Stora Enso leases the former paper machinery hall at its Veitsiluoto site to Infinited Fiber Company
Stora Enso is leasing the former paper machinery hall at its Veitsiluoto site in Finland to the textile technology company Infinited Fiber Company, which plans to build a commercial-scale factory to produce regenerated textile fiber from textile waste. Earlier this month Stora Enso sold its district heating business at Veitsiluoto to utility infrastructure company Nevel, a provider of advanced industrial and municipal infrastructure solutions.
Stora Enso and Picadeli joined forces to reduce SUP in salad packaging
Stora Enso and Picadeli, Europe’s leading take-away salad bar company, are introducing renewable formed fiber lids to replace single-use plastics in take-away packaging. The lids are made of PureFiber™ by Stora Enso, and they are plastic-free, recyclable, and biodegradable. The innovation will help Picadeli reduce approximately 120 tonnes of plastic waste annually.
Stora Enso and Pulpex signed an agreement to produce wood-based bottles and containers
Stora Enso and packaging technology company Pulpex joined forces to industrialize the production of eco-friendly paper bottles and containers made from wood fiber pulp. These renewable products will offer an alternative to PET plastics and glass. The exclusive partnership leverages Stora Enso’s formed fiber technologies and ability to convert end-products at an industrial scale.
Stora Enso will build a pilot facility for producing Cellufoam, a sustainable packaging material
Stora Enso will build a pilot facility for producing Cellufoam™ by Stora Enso, a lightweight, fiber-based foam material for protective packaging and cushioning. Bio-based foams are renewable and recyclable and can be used in packaging, for example, to replace oil-based polymer foams which are widely used today. The pilot plant will be located at Stora Enso’s Fors Mill in Sweden.
Stora Enso and Helsinki Olympic Stadium go green by promoting renewable materials
Stora Enso and Helsinki Olympic Stadium signed a partnership agreement to develop low-carbon, eco-friendly operations at the stadium by promoting the use of renewable materials and circular economy solutions. Stora Enso explores reusing products as well as recycling used materials to give high-quality wood fibers a second life in new products that will be available at the stadium for different services and operations.
Stora Enso and Helsinki Olympic Stadium share the aim of promoting the use of renewable materials in customer and food service packaging to reduce the climate impact of stadium operations. In addition, the aim is to ensure that materials get recycled to a high degree. Packaging made of renewable materials has a high recycling rate throughout Europe and it typically has a low carbon footprint that is further reduced when recycled. Continue reading
Stora Enso and Cordenka joined forces to develop precursor for bio-based carbon fiber
Stora Enso and Cordenka, the leading producer of premium quality industrial rayon based in Germany, are developing precursors for bio-based carbon fiber, both driven by the need for high performance carbon fiber in transportation, construction and power generation.
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Unilever switches Ingman ice cream to fully renewable packaging material from Stora Enso
Supporting the company’s environmental targets, Unilever Finland is introducing Ingman ice cream in a newly designed 1 litre carton made of Stora Enso’s fully renewable and recyclable packaging board in early March.
IL BIOECONOMISTA 