The consumer board mill is based in Beihai, China with an investment of EUR800 million.
Stora Enso inaugurates its new consumer board mill in Beihai, China. The consumer board mill was a EUR800 million investment and is the largest Nordic direct investment in China; marking a historical significance for Stora Enso.
The consumer board mill is located in the Tieshangang industrial zone of the Guangxi region, 40 miles outside of Beihai city. It has an annual capacity of 450,000 tonnes of high-grade carton board products. One of the key end products is liquid packaging board, of which more than 80% today is imported to China. It is one of the most demanding and high value-added products in this industry.
The inauguration of the new consumer board mill.
“We are delighted to announce the official opening of the Stora Enso consumer board mill in China. This is a very important milestone for us”, said Stora Enso’s CEO Karl-Henrik Sundström. “China is a market with high potential and the start-up of our consumer board mill is crucial to meet the growing demand for high-quality and safe fiber-based food packaging in China and the Asia Pacific region.”
Started in May, the consumer board mill is expected to reach full production within 18 to 24 months.