Stora Enso invests in cross laminated timber (CLT) production in Czech Republic
Production is scheduled to begin during the third quarter of 2022. The estimated annual production capacity will be approximately 120 000 m³ after ramp-up. The investment is expected to generate annual sales of approximately
"This investment enables us to accelerate our growth within the mass timber construction market. It is well in line with our strategic integrated mill concept. It will further improve our capabilities to offer a high-quality range of building solutions for our customers around the world. CLT is showing significant growth potential in the market, with characteristics that make it possible to build higher, lighter and yet stronger than ever before. With our well-proven building concepts and supporting digital tools, we intend to inspire and drive the construction industry towards a more sustainable future, built on renewable materials," says LarsVölkel, Executive Vice President, Stora Enso Wood Products division.
Construction is expected to start during the first quarter of 2021.
The investment is estimated to increase the number of employees at the mill by approximately 110 FTEs.
Photos are available at https://storaenso.emmi.fi/l/Bf7gJBSs5qQP
Part of the bioeconomy,
The Wood Products division is a leading provider of innovative wood-based solutions. The product range covers applications for construction and the window and door industry, as well as for the packaging and decoration industries. Biocomposites offer plastic replacement opportunities in, for example, consumer goods, industrial components, cosmetics and packaging. Pellets provide a sustainable solution for heating. The offering includes service concepts such as
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SVP, Investor Relations
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