Stora Enso proceeds with job cuts and site closures

0
1648

In Finland, biomaterials producer Stora Enso has advanced restructuring actions aimed at strengthening its long-term competitiveness and creating a “decentralized and more customer centric operating model.”

Actions include approximately 1,150 job cuts, with about 710 negotiated so far, and  closure of a pulp and paper unit at Sunila, Finland. The Sunila site has an annual capacity of 375,000 tonnes of long-fiber and 50,000 tonnes of lignin. Production at the site has been at a standstill since May and will not be ramped up. The Sunila pilot plant for biobased battery material will continue operations.

Stora Enso also permanently closed down one of the four containerboard production lines at its Ostrołęka site in Poland. The production line had an annual capacity of 120,000 tonnes of recycled containerboard. The closure impacts 50 employees locally. Additional actions include approximately 250 job cuts at its Packaging Materials division, closure of the De Hoop containerboard site in the Netherlands, and closure of a sawmill in Estonia.

Stora Enso is a leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world.