Powerflute Oyj (POWR)

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Company Description

Powerflute Oyj is a paper and packaging group. The Company operates a paper mill in Kuopio, Finland that produces a specialised form of semi-chemical fluting made from locally sourced birch. Corrugated boxes manufactured using Nordic semi-chemical fluting demonstrate superior strength and moisture resistance and are used for the transportation of fruit and vegetables,and high-value industrial goods such as electrical appliances and automotive components. The Kuopio mill is one of only three suppliers of Nordic semi-chemical fluting in Europe. The Company is one of only three producers of premium grade semi-chemical fluting used in the manufacture of corrugated board for demanding packaging applications or use in harsh environmental conditions...