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آرشیو برچسب های: sweden

Stora Enso Announces Restructuring Measures, Including Closures and Employee Cuts

Stora Enso is planning to restructure actions to strengthen the Group’s long-term competitiveness, improve profitability and focus capital allocation in strategic growth markets. Stora Enso is also taking the next step in driving a decentralised operating model targeting increased customer centricity, business focus and cost reductions.

The planned restructuring actions, combined with previously initiated negotiations in the Packaging Materials division, would result in total reductions of approximately 1,150 employees.

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Ahlstrom’s Aspa mill invests in new inspection system

Valmet will supply a Valmet IQ Web Inspection System for pulp dirt count to Ahlstrom’s Aspa mill in Sweden. The dirt measurement will cover the full width of production. The target is to improve the line efficiency of pulp drying and to achieve high quality of the pulp.

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Rottneros to cut 24 jobs at Vallvik pulp mill in Sweden

Kamps, Inc. announces the opening of a new pallet facility in San Antonio, Texas. The facility will begin operations immediately. Services provided out of the San Antonio facility include wooden pallet recycling and custom pallet manufacturing, two of Kamps’ core competencies. The latest expansion comes on the heels of strong first quarter growth for the company, and is the seventh facility Kamps has added to its national network in the last three months.

The new location consists of two cross dock buildings, featuring 60 docks, and totals over eight acres. The facilities are outfitted for product storage, repair stations, and state-of-the-art operations equipment. The company plans an initial hire of 40 employees, and currently has 75 trailers available to service the local customer base. With these capabilities, Kamps plans to recycle, repair, and manufacture over 50,000 pallets per month. The new location will allow Kamps to push further south and provide increased local support for its national and regional customer base. The San Antonio location will also serve an important supporting role within Kamps’ overall Texas footprint, providing vital support for the three existing locations in Fort Worth and Dallas.

 

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Stora Enso completes the divestment of its Hylte paper site

Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint paper capacity by 245,000 tonnes. Using 2022 figures as a benchmark, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 160 million.

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Stora Enso to sell Hylte paper site in Sweden and discontinue sale of Anjala mill in Finland

Stora Enso has signed an agreement to divest its paper production site in Hylte, Sweden and all its related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value is approximately Euro 18 million. The completion of the transaction is expected in the first half of 2023. Concerning the Anjala paper site in Finland, Stora Enso has decided to discontinue the divestment process.

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