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Stora Enso to Restart Sunila Pulp Mill by Year-end

Nov. 30, 2009 - Stora Enso said that it will restart production at its Sunila Pulp Mill in Finland before the end of the year. The company idled the mill back in April due to weak market conditions.

Stora Enso said the pulp market has improved since mid-2009, but uncertainties remain such as: trends in the market, long-term profitability of the Sunila mill and the availability of reasonably priced wood in Finland.

Considering the aforementioned factors, Stora Enso said that next spring it plans to reassess the option of permanently closing down Sunila mill.

“We are very aware that although the mill is being restarted, for the employees uncertainty will persist, and we very much regret that,” said Juha Vanhainen, Country Manager, Finland. “However, we think this is on the whole the best alternative for our employees.”

“We hope long-term measures will soon be found to secure the viability of the forest products industry in Finland and a lasting favorable solution concerning Russian wood duties can be reached. Solutions to those issues could extend the economic life of Sunila Mill,” Vanhainen added.

Sunila Pulp Mill has about 260 employees and a production capacity of 375,000 tonnes per year of long-fiber (softwood) pulp.

SOURCE: Stora Enso




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