Finland Times

 

File picture of Stora Enso's headquarters in Helsinki. Photo – Lehtikuva.

Pulp, paper and biomaterial manufacturer Stora Enso has announced that it is opening a new biomaterial innovation centre.

 

In a release, the company said it will concentrate its new biomaterials business development in an innovation centre that will be set up in the Stockholm area in Sweden.

 

According to the release, the centre, which will open during the second quarter of 2015, will host research, application, business development, and strategic marketing.

 

“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,” said Stora Enso CEO Karl-Henrik Sundström in the release.

 

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 the end of 2015, said the release.

 

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