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Eco Fibers Market Size Worth USD 93 64 Billion in 2030 – Emergen Research

Infinited Fiber Company Plans $420 Million Factory

Lapland might be one of the least likely places for fashion-related production, but it will be the home of a new $420 million textile fiber factory that is planned. The Finnish fashion and textile technology company Infinited Fiber Company will be developing its first Infinna fiber production facility at Stora Enso’s Veitsiluoto industrial site in the city of Kemi. Located in the northernmost region of Lapland, Kemi is on the northern shore of the Baltic Sea. The new factory is going to be devel

Stora Enso cuts 550 jobs from Veitsiluoto plant

Stora Enso cuts 550 jobs from Veitsiluoto plant
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Stora Enso to close Kemi plant with loss of 670 jobs

The firm also says it plans to permanently shut down a mill in Sweden. File photo of Stora Enso s Veitsiluoto pulp and paper mill in Kemi, northern Finland. Image: Pirkko Kukko-Liedes / Yle Finnish forest products manufacturer Stora Enso has announced that it plans to permanently shut down its Veitsiluoto pulp and paper mill in Kemi, northern Finland as well as the firm s Kvarsveden mill in Sweden. The company said it was planning to hold negotiations with employee representatives regarding the jobs of 670 people at the Finnish plant and 440 workers in Sweden. Prime Minister Sanna Marin (SDP) reacted to the closure on Twitter, saying the move was heartbreaking for the workers and for Kemi.

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