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Posts Tagged ‘Stora Enso’

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Stora Enso Plans Consolidation of Corrugated Packaging Production in Finland

Stora Enso Plans Consolidation of Corrugated Packaging Production in Finland

As part of the possible consolidation, Stora Enso would invest approximately EUR 19 million in new machinery and supporting infrastructure in Lahti. September 15, 2016 Stora Enso plans to consolidate manufacturing of corrugated packaging in Finland to its Lahti plant. The objective... (Continue reading)

Stora Enso Mulls Profitable Restructuring of its Paper Business

Stora Enso Mulls Profitable Restructuring of its Paper Business

Stora Enso begins an internal review of its paper business due to decline in European demands as readers opt for digital devices. July 23, 2016 The Finnish manufacturer of paper, pulp, and packaging, Stora Enso has started an internal review for managing... (Continue reading)

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Stora Enso Inaugurates Its Consumer Board Mill in Beihai, China

Stora Enso Inaugurates Its Consumer Board Mill in Beihai, China

The mill started up in May and it is expected to reach full production within 18 to 24 months. With an investment of EUR 800 million, this is the largest Nordic direct investment in China, and a significant investment in... (Continue reading)

Stora Enso Inaugurates New Innovation Centre for Biomaterials

Stora Enso Inaugurates New Innovation Centre for Biomaterials

Stora Enso’s Biomaterials division is a provider of pulp grades to meet the demands of various paper, board and tissue producer December 17, 2015 Stora Enso recently inaugurated its new Innovation Centre for Bio materials. Swedish Minister for Enterprise and Innovation, Mikael... (Continue reading)

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Stora Enso Divests Its Ownership in IL Recycling to Stena Metall

Stora Enso Divests Its Ownership in IL Recycling to Stena Metall

The Stena Metall Group recycles and processes metals, paper, electronics, hazardous waste and chemicals April 8, 2016 Stora Enso has signed an agreement to divest its 33.33 percent ownership in the Swedish recycled materials company IL Recycling AB to Stena Metall AB,... (Continue reading)

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Stora Enso Gives up LWC Production in Brazil

Stora Enso Gives up LWC Production in Brazil

The company will sell its majority stake in the Arapoti mill to Papeles Bio Bio January 11, 2016 Stora Enso announced plans to part with its 80 percent ownership in the Brazilian Arapoti magazine paper mill. The stake is to be sold... (Continue reading)

Stora Enso and Kemira Successfully Complete Water Management Project in China

Stora Enso and Kemira Successfully Complete Water Management Project in China

The community project is benefiting 2 600 people in rural Guangxi December 16, 2015 A three-year corporate responsibility initiative on water stewardship run by Stora Enso and the global chemicals company Kemira in Guangxi Province in Southern China has now been completed.... (Continue reading)

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Stora Enso Increases Ownership in Chinese Subsidiary Inpac Packaging from to 90 Percent

The cash consideration is approximately EUR 46 million December 29, 2015 Stora Enso has entered into an equity transfer agreement to increase its ownership stake from 51 percent to 90 percent in its Chinese subsidiary Stora Enso Inpac Packaging Co. Ltd. The... (Continue reading)

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Stora Enso Completes the Divestments of its Barcelona Mill and Komárom Plant

The two divestments will reduce Stora Enso’s annual sales by a total EUR 131 million October 2, 2015 Stora Enso has completed the divestment announced on 27 July 2015 of its Barcelona mill, which produces recycled-fibre based consumer board, to the private... (Continue reading)

Stora Enso to Close Its Packaging Unit in Chennai

Stora Enso to Close Its Packaging Unit in Chennai

The decision has been taken due to unprofitability and a major decrease in local market demand June 22, 2015 Stora Enso plans to perma-nently shut down the Group’s corrugated packaging converting unit in Chennai, India, due to unprofitability and a major decrease... (Continue reading)

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