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Stora Enso looking into production of recycled packaging cardboard in its factory in North Sea Port

Published on Fri 10 Jun 2022
The Finnish-Swedish paper and cardboard company Stora Enso is conducting a study into the conversion of its Ghent plant at North Sea Port. The proposed investment amounts to €400 million.

Stora Enso produces more than 500,000 tons of newsprint and magazine paper using recycled paper annually in Langerbrugge (part of Evergem) in the port area. The plant has two production lines for this purpose: one for magazine paper and one for newsprint. The company is looking into converting its newsprint line into a recycled packaging materials line. To this end, it is launching a feasibility study.

Use of renewable materials

The study is expected to be completed in the first half of 2023. Production could potentially begin in 2025, with an annual capacity of 700,000 tons, worth about €350 million in annual revenue at full capacity. The investment is estimated at around €400 million and is in line with Stora Enso's commitment to renewable materials. In this way, Stora Enso aims to capitalise on the rising demand for cardboard packaging, including for e-commerce. This is in line with North Sea Port's strategy of increasing its focus on the circular economy.

The Ghent plant has 440 employees.