Stora Enso wraps negotiations to close book-paper line in Q4 2023 with loss of 50 jobs
Stora Enso has completed the negotiations concerning the consolidation of its book-paper production and the permanent closure of one of two paper machines at the Anjalankoski (Finland) site. The closure will take place during Q4 2023.
In April 2023, Stora Enso announced a plan to permanently close one of the two paper machines and concentrate all book-paper production to one line at the integrated Anjalankoski site due to the prevailing weak paper demand and high input costs.
The closure of the line producing uncoated mechanical grades will reduce the site’s annual capacity by 250,000 tonnes and sales with approximately EUR 100 million. The closure will affect 89 workers, of whom 50 will be made redundant. The majority of these redundancies are managed through pension arrangements.
“While it is very unfortunate that redundancies have to be made, we are pleased that the number of employees affected is significantly lower than anticipated. Stora Enso will continue to harness the Anjalankoski site’s synergies between board and paper production and with the remaining paper machine, the Group will be able to continue producing its selection of book paper grades,” says Hannu Kasurinen, exec vp-Packaging Materials.