Stora Enso opens new biomaterials innovation centre

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Stora Enso opens new biomaterials innovation centre

Helsinki, Finland, 2014-12-08 10:00 CET (GLOBE NEWSWIRE) -- STORA ENSO OYJ PRESS RELEASE 8 December 2014 at 11.00 EET

Stora Enso will concentrate its new biomaterials business development in an Innovation Centre that will be located in the Stockholm area in Sweden. The centre, which will open during the second quarter of 2015, will host research, application, business development, and strategic marketing.

The centre will boost innovation by identifying business opportunities in the renewable materials market and linking them with leading innovation and research centres in business and academia. The centre will be staffed with Stora Enso employees currently working in Sweden, Finland and Germany. It will initially employ a little less than 60 people and is estimated to employ around 75 people by year end 2015.

“We are convinced that our access to biomass, in combination with our expertise in forestry worldwide, will benefit our customers in new, innovative ways in the future. Our goal is to develop a competitive offering serving customers in multiple industries and markets, while adding value to our current cellulosic streams”, says Karl-Henrik Sundström, CEO of Stora Enso.

“We facilitate creative thinking and cross-functional interaction by consolidating R&D and business development under one roof. Additionally, it is important to create a close link to leading innovation and research centres in this field – both at academic and business levels”, says Dr. Antonio Batistini, Head of Innovation and Strategic Marketing, Stora Enso Biomaterials.

Stora Enso’s other R&D units are not affected by this change and will remain in their current locations.

About Stora Enso Biomaterials

Stora Enso Biomaterials is a provider of pulp grades to meet the demands of various paper, board and tissue producers. The offering also includes fluff for hygiene applications and dissolving pulp for the textile industry. The mission of Stora Enso Biomaterials is to find new, innovative ways to maximise the value extractable from wood, as well as other kind of ligno-cellulosic biomasses. Through innovation, the aim is to develop into a cost and performance differentiated renewable biochemical company offering drop-in and new materials into existing and new industries to Stora Enso.


For further information, please contact:

Ulrika Lilja, EVP Global Communications, Stora Enso, tel. +46 1046 71668
Kirsi Seppäläinen, Head of Communications, Stora Enso Biomaterials, tel. +358 50 598 9958

www.storaenso.com
biomaterials.storaenso.com


Stora Enso is the global rethinker of the paper, biomaterials, wood products and packaging industry. We always rethink the old and expand to the new to offer our customers innovative solutions based on renewable materials. Stora Enso employs some 29 000 people worldwide, and our sales in 2013 amounted to EUR 10.6 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

STORA ENSO OYJ

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Samuel Oschin Center Opens, Promising Wonder

Updated Category News Views 179

A Grand New Space for Space Well, here's a sight for sore eyes—California Science Center's Samuel Oschin Air and Space Center just swung its doors open wide, and boy, it's a beast of a place. Housing a spectacle like the Space Shuttle Endeavour in a vertical launch position, it's as if they've reached up and snagged a piece of the sky itself for their exhibits. They're...

Continue Reading
Fluence Energy Faces Leadership Departures Amid Legal Woes

Updated Category News Views 106

Fluence Energy's Rocky Road Continues It's chaos once again in the halls of Fluence Energy (NASDAQ:FLNC). The ship seems to drift further from solid ground as their CEO and CFO candidly decided to jump ship, shaking investor confidence even more vigorously. The market's reaction was swift and brutal: a nasty 9% share drop, leaving investors with more than just a headache....

Continue Reading
SmallRig Boosts Art-Driven Innovation in AI Era

Updated Category News Views 137

The Interplay of Art and AI In a world where the lines between man and machine blur faster than ever, creators like SmallRig are boldly asking: what role should authenticity play when AI takes the stage? The Shenzhen International Art Museum and SmallRig stood shoulder to shoulder, tackling this head-scrambling question with a global gathering of art and tech giants. It's...

Continue Reading
Class Action Greenlighted Against Concordia for Title IX Violations

Updated Category News Views 87

Paving the Way for Equality in Campus Sports Ah, courts and colleges—two institutions you'd hope would play by the rules. But here we are, knee-deep in a legal battle with Concordia University Irvine (CUI) caught in the crosshairs of Title IX compliance issues. No surprise there when a federal court finally gave the nod for a class action to plow ahead. Class Action...

Continue Reading
Servier's Data on Tovorafenib Shows Promise in pLGG

Updated Category News Views 74

New Light on a Critical Challenge Talk about a fight in the dark. Pediatric low-grade glioma (pLGG) is a menace that families dread, an uphill battle with odds that feel relentless. Enter Servier and its four-year updated data on OJEMDA® (tovorafenib), a beacon of hope for kids battling these tricky brain tumors. Results, presented at the SNO meeting, are fresh off the...

Continue Reading
WeaveGrid Powers EVConnectNC: Charging Incentives Launched

Updated Category News Views 106

Transforming Utilities with EVConnectNC In a fresh move by WeaveGrid, North Carolina's Electric Cooperatives have teamed up to roll out EVConnectNC. This innovative program aims to manage the burgeoning demand for electric vehicle (EV) charging in rural and suburban areas under North Carolina's cooperative umbrella. Think of it as a smart way to handle new loads without...

Continue Reading
MV Transportation Celebrates Leadership Nomination for FTA

Updated Category News Views 150

MV Throws Support Behind Aesch for FTA Role In this wild world where public transit feels the heat from financial burdens, MV Transportation's recent move to support Mark Aesch for the Federal Transit Administration's top spot isn’t just a nod of approval—it's a full-blown trumpet blast. They're not just doling out a basic endorsement here; they're practically waving...

Continue Reading
Maritime Safety Urged After New Orleans Vessel Incident

Updated Category News Views 109

The Mississippi River saw a bit of drama near the Port of New Orleans when a river cruise turned into an unexpected rescue operation. Listen up, because incidents like this bring maritime safety right to the forefront; we can't ignore the waters that shape our daily lives here in the Big Easy. Navigating the Waters Safely Some 150 souls found themselves in a pickle when...

Continue Reading
Webull Faces Class Action: Key Details for Investors

Updated Category News Views 95

What's Really Going on With Webull? When you hear there's a class-action lawsuit brewing, you know something's gone real sideways. Webull Corporation (NASDAQ: BULL) finds itself neck-deep in a securities fraud class action alleging some dicey dealings with China. If you've got skin in the game—and if you bought Webull stock between April 26, 2025, and October 6,...

Continue Reading
IM Cannabis's Third Quarter Financial Jolt

Updated Category News Views 143

IM Cannabis Takes a Hit, But Seeks New Angles Diving into IM Cannabis's (NASDAQ: IMCC) latest financial splash is like reading a weathered old map of the stock market. The third quarter of 2026 wasn't kind to this little cannabis outfit. Revenues have nosedived to C$1.65 million from last year's C$5.08 million. It's not just the typical bad quarter blues; it's a solid...

Continue Reading

Top 5 Most Recently Viewed Articles

Inside FedEx: Recent Stock Options Exercise by Ramo Revealed

Updated Category News Views 121

Important Insider Activity at FedEx Recently, attention has turned to Joshua Cooper Ramo, a director of FedEx and his notable decision to exercise company stock options. This move, which was detailed in an SEC filing, reflects Ramo's strategic investment choices within the company. Details of the Stock Option Exercise While the specific exercise date details are...

Continue Reading
CTS's Upcoming Earnings Outlook and Market Insights

Updated Category News Views 140

Understanding CTS's Earnings Release Expectations CTS is set to release its quarterly earnings soon, and investors are keenly awaiting the announcement. Anticipation builds as analysts have forecasted an earnings per share (EPS) of $0.55 for the upcoming period. This news is important for stakeholders as it could influence stock prices significantly based on the results...

Continue Reading
Celebrating a New Beginning: Community Home Initiative in Greenville

Updated Category News Views 247

Revitalizing Greenville Through Community Efforts In a heartwarming event, local residents recently celebrated the completion of the first community-funded, single-family home in Greenville. The ceremony, which included a ribbon cutting and an open house, signifies hope and resilience for a community that has faced significant challenges. The Journey of Rebuilding The...

Continue Reading
Broad Arrow Auctions Sets New Records at 2025 Event

Updated Category News Views 343

Broad Arrow Auctions Sets New Records at 2025 Event In a spectacular display of collector car enthusiasm, Broad Arrow Auctions, a renowned Hagerty (NYSE: HGTY) company, shattered records during its prestigious Monterey Jet Center auction. Over two thrilling days, fervent bidders raised their paddles to secure stunning vehicles, culminating in an impressive total sale of...

Continue Reading
Investors Unite Against Everus Construction in Class Action

Updated Category News Views 177

Understanding the Class Action Lawsuit Against Everus Construction Group Investors are seizing an opportunity to take the lead in a class action lawsuit against Everus Construction Group, Inc. (NYSE: ECG). This lawsuit is specifically for those who purchased common stock of Everus Construction between certain dates. If you've acquired stock during this period, you might...

Continue Reading