News

Stora Enso Packaging has opened a fourth corrugated board plant in Russia to produce offset-printed packs for the consumer goods market.

The new plant cost €23m (£18.7m) and will have an annual capacity of 30m sq m of corrugated packs, according to Veli-Jussi Potka, Stora Enso's executive vice president for industrial packaging.

He added the plant would manufacture a range of products for the fast moving consumer goods market.

The facility, which opened on Friday (29 August), is located in Balabanovo, where the Scandinavian firm opened its first Russian facility in 1998.

Stora Enso followed this with a plant in Arzamas in 2004, and last June it opened a corrugated packaging plant at Lukhovitsy, 90 miles south of Moscow.

The firm employs some 600 people in Russia and produced more than 300m sq m of corrugated board last year.