Stora Enso Oyj (OTCPK:SEOJF) Q1 2022 Earnings Conference Call April 28, 2022 7:00 AM ET Company Participants Annica Bresky – President and Chief Executive Officer Seppo Parvi – Chief.
The issues currently affecting paper supplies are well-documented. Seismic changes in European capacity involving machine closures and mill conversions over the past four years have now taken effect.
Northvolt recently announced a plan to transform a closed paper mill in Sweden into a new manufacturing plant for cathode active materials and battery cells.
Northvolt and Stora Enso recently signed a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. Northvolt will develop the site into a manufacturing plant for active material and battery cells, reusing and refurbishing much of the existing facilities and site.