# Stora Enso invests EUR 1 billion to convert Oulu paper machine into consumer board line

Stora Enso will invest approximately EUR 1 billion during 2022-2025 to convert an idle paper machine at its Oulu site in Finland into a 750,000-tonne consumer board line, with production expected in early 2025.

- Type: Expansion
- Announced: 2022-10-24
- Where: Oulu, Finland
- Value: $1.05B (1.00B EUR)
- Status: announced
- Capacity: 750,000 tonnes of consumer board annually
- Products: consumer board, folding box board, coated unbleached kraft
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Stora Enso](https://endata.com/companies/332.md)

## Sources

- [pulpapernews.com](https://www.pulpapernews.com/20221024/14000/stora-enso-invests-eur-1-billion-its-oulu-site), 2022-10-24: "Stora Enso has decided to invest approximately EUR 1 billion to convert the remaining idle paper machine at the Group's Oulu site in Finland into a high-volume consumer board production line."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.