After reviewing their strategic agenda and identifying key focus areas, Stora Enso has announced that they are in the process of globally exiting the the business segment involving dissolving pulp for viscose production. The company wishes to focus on and take leading market positions in the segments where they see potential for future growth, namely packaging, wooden construction and biomaterials innovation from lignin.
The dissolving pulp business for viscose production is not core for the company and stands for only a small part of the overall business. Dissolving pulp is produced at Stora Enso’s Enocell mill, which currently produces both standard and dissolving pulp grades. Production at the Enocell mill will continue with other types of pulp grades than dissolving pulp, and for other end uses than viscose.
The company has announced that this strategic direction remains in line with what was communicated during the Capital Markets Day in November 2020, and exiting the dissolving pulp business for viscose production will not have material impact on its financial results. Stora Enso will provide more information on 23 April in connection to their Q1 report.