Stora Enso is continuing to increase wood procurement for its expanding Oulu operations in Finland, but the company says high raw material costs are becoming a growing challenge for profitability. Speaking at the “Forests and Money” reader event organized by Metsälehti in Oulu, Matti Lielahti, Director of Stora Enso's Oulu business unit, said the company’s long-term commitment to Oulu is now entering a new phase following major investments in board production and sawmilling capacity. “There is a need for wood 24/7, 365 days a year,” Lielahti said. “Our operations run largely in three ...
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