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Work on site is expected to start in Q3 2024 and be completed in the end of 2025.
Work on site is expected to start in Q3 2024 and be completed in the end of 2025.
Stora Enso has also appointed Carolyn Wagner Executive Vice President, Packaging Solutions division.
This financing will aid the company's Euro 1 billion investment in the Oulu mill in Finland.
Together, the two companies will drive the adaptation of Stora Enso’s hard carbon solution Lignode as an anode material in Altris’ sodium-ion battery cells.
Stora Enso will immediately begin the search for Seppo Parvi’s successor.
Stora Enso has revised its full year 2024 adjusted EBIT guidance to be significantly higher (+50% and above) than the full year 2023 of Euro 342 million.
In this role, Tuomas Hallenberg will succeed Per Lyrvall who will retire at the end of the Q1 2025.