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Stock impact report

Stora Enso unveils sustainable and efficient FBB solution [Yahoo! Finance]

STORA ENSO OYJ ADR R SH (SEOAY) 
NASDAQ:AMEX Investor Relations: storaenso.com/investors
Company Research Source: Yahoo! Finance
This product marks the first offering from the company's brand-new board line in Oulu, Finland, which is expected to be fully operational in 2025. The company said Performa Nova builds upon the success of its established Performa product range, known for its strength, dependability, and lightweight construction. The 'Nova' designation signifies a new chapter in fibre-based packaging for the business, emphasising enhanced efficiency and a superior user experience. Efficiency is paramount for futureproofing packaging materials. Performa Nova prioritises this by requiring less raw material, leading to cost and carbon savings throughout the packaging value chain. This is achieved through Stora Enso's FiberLight Tec, a technology that creates lightweight yet robust boards. The resulting high-yield advantage allows brand owners to produce more packages using less material. Growing consumer preference for sustainable packaging is undeniable, with a demand for carton boards ove Show less Read more
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