Press Release: Stora Enso Biomaterials Division US Headquarters Move To Raceland, Louisiana
- Tuesday, 27 October 2015
Following the acquisition of biotechnology company Virdia in 2014, Stora Enso is buildinga demonstration and market development plant at Raceland, Louisiana, USA as earlier announced. This plant will now become the Stora Enso Biomaterials divisions’ US headquarters.
The Raceland plant uses technology developed by Virdia and enables cellulosic biomass, such as wood or agricultural waste, to be converted into highly refined sugars. It is located in the vicinity of existing sugar cane plantations and will use bagasse waste as feedstock. Sugar cane bagasse is a sustainable, non-genetically-modified feedstock that does not compete with food and production is set to start in 2016.
“Stora Enso is very happy with the activities and working relationships at Raceland,” says Juan Carlos Bueno, EVP, Stora Enso Biomaterials division. “By moving the headquarters to Louisiana, we are increasing our presence and helping further develop biomass based technology. We are committed to the long-term success of the Raceland plant.”
About Stora Enso Biomaterials
Stora Enso Biomaterials division is a provider of pulp grades to meet the demands of various paper, board and tissue producers. The offering also includes fluff for hygiene applications and dissolving pulp for the textile industry. The mission of Stora Enso Biomaterials division is to find new, innovative ways to maximise the value extractable from wood, as well as other kind of ligno-cellulosic biomasses. Through innovation, the aim is to develop into a cost and performance differentiated renewable biochemical company offering drop-in and new materials into existing and new industries to Stora Enso.
For further information, please contact:
Kirsi Seppäläinen, Head of Communications, Stora Enso Biomaterials, tel. +358 400 786659