Finland: EIB supports environmental conversion of Stora Enso mill
The EIB has signed a € 150 million loan agreement with Finnish renewable materials company Stora Enso. The financing will support the conversion of a former pulp and paper mill in the Finnish city of Oulu, from production of wood-free coated printing paper, into packaging board manufacturing mainly for the food and beverage sector, consistent with Stora Enso’s strategic shift towards packaging made of sustainable and renewable resources.
