FMN | July 5th, 2021

Esko Launches Beverage Trends Packaging E-Book Esko has announced the launch of a free download- able e-book, Trends in the Beverage Packaging Indus- try: Ingredients for Success , which outlines key indus- try trends and the tools brands can adopt to capitalize on them for commercial success. Expectations Of Growth The global market for alcoholic beverages amounted to more than $1.49 trillion in 2020 and is expected to grow to $2.2 trillion by 2025, according to Statis- ta. Changing consumer habits during the pandemic have led to a plethora of new behavioral trends,which equates to a host of opportunities for brands hoping to capture new market share in the sector. “Almost a third of consumers would like to continue working from home and coupled with this, more than half of consumers are actively looking for tips on per- sonal health and wellbeing,” said Matthew Haws,Vice President Global Marketing at Esko Brand Solutions. In catering to this, brands can expand into whole new categories.” In other news, Correct-Touch Graphic Arts (CTGA) customer Western Shield Label Co. purchased a new equipment from Esko: the CDI Crystal 4835. Stora Enso To Close Pulp, Paper Production Site Stora Enso has completed the co-determination ne- gotiations concerning closing down the pulp and pa- per production at its Kvarnsveden site in Sweden.The closure will take place by the end of the third quarter of 2021. In April 2021, Stora Enso announced a plan to per- manently close down pulp and paper production at its Kvarnsveden site due to the declining paper market.As a result of the co-determination negotiations regarding the Kvarnsveden site, pulp and paper production will be closed permanently by the end of the third quarter of 2021. The customer service center located at Kvarnsve- den will be closed down by the end of 2021. Power plant will continue to operate, however only for the purpose of district heating and for maintaining build- ings onsite. Stora Enso has initiated a project to find future op- tions for the Kvarnsveden site. Stora Enso continues to produce supercalendered (SC) papers at Langerbrugge site in Belgium and Max- au site in Germany, and improved newsprint at Anjala site in Finland and Sachsen site in Germany.

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