Stora Enso invests in a new CLT production line in Czech Republic
10 September 2020 ` 11:20
Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT) at its Ždírec sawmill in the Czech Republic.
Production is scheduled to begin during the third quarter of 2022. The estimated annual production capacity will be approximately 120.000 m³ after ramp-up. The investment is expected to generate annual sales of approximately EUR 70 million when run at full capacity and to meet the Wood Products division’s profitability target of 20% operational return on operating capital (ROOC).
Currently, Stora Enso has three CLT production units with a total capacity of 270.000 m³: Gruvön in Sweden and Ybbs and Bad St. Leonhard in Austria.
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