Stora Enso is investing €10m in pellet production at its Imavere Sawmill in Estonia.
Construction of the plant which is due to start now is scheduled to be completed in a year’s time.
The annual capacity of the plant will be 100,000 tonnes of pellets, using by-products from the sawmill and further processing operations.
“Imavere is one of our core sawmill sites, with a strong business concept and good basis for future development,said executive vice-president Hannu Kasurinen.
Stora Enso aims to become the leading integrated supplier of pellets in northern Europe, already producing 310,000 tonnes at four sites in Sweden and Russia.
