2007'12.04.Tue
Stora Enso Invests to Improve Energy Efficiency and Cost Leadership at Mills in Belgium and Germany
November 07, 2007
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.
For further information, please contact:
Langerbrugge investment:
Juha Vanhainen
EVP Newsprint
Tel: +358-2046-21343
Maxau investment:
Hannu Alalauri
EVP Magazine Paper
Tel: +358-2046-21201
Kari Vainio
EVP, Corporate Communications
Tel: +44-7799-348-197
Keith B. Russell
SVP, Investor Relations
Tel: +44-7775-788659
Ulla Paajanen-Sainio
Vice President
Investor Relations and Financial Communications
Tel: +358-2046-21242
Web: http://www.storaenso.com/
http://www.storaenso.com/investors
PR
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