Stora Enso Renewable Packaging

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Stora Enso is growing with the market in Pakistan

A major step was taken in Stora Enso’s expansion in Pakistan in June  2013 with the establishment of a joint venture named Bulleh Shah.

The venture will supply the local market with paperboard and corrugated packaging. The company employs 950 people, divided between the Kasur mill in Lahore and the Karachi plant.

The domestic demand for dairy products corresponds to the 4th largest in the world. Liquid packaging board, in particular, is set to become an important product in Pakistan as the country is the world’s fourth-largest dairy market. Folding boxboard and corrugated packaging will also be produced.

The joint venture was set up together with the regional market leader, Packages Ltd, which has been a long-term partner. Stora Enso is investing about USD 130 million. The features include a new bio-fuelled power plant, which will be set up to ensure a stable electricity supply, while board machines will also be rebuilt. The establishment in Pakistan is a part of the strategy to expand in growth markets and support key customers with growth ambitions in these markets.

Stora Enso has a 35% ownership of Bulleh Shah, which produces approximately 335,000 tonnes of paperboard annually. A strong sustainability agenda has been  established.