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Stora Enso strengthens co-operation with IFC in Guangxi, China

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February 28, 2014 Stora Enso is strengthening its partnership with International Finance Corporation (IFC) as part of developing its state-of-the-art plantation, board and pulp mill project in Guangxi, China. IFC has agreed to invest in an equity stake of RMB 356 million (EUR 43 million) in the project, representing a......

UPM and Stora Enso: Rumors of mega merger

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September 13, 2013 According to a report published by the Swedish financial news portal affarsvarlden.se, analysts from Handelsbanken say that the probability of a deal between Stora Enso and UPM on the paper side is almost inevitable. In the possible joint venture, UPM’s interest would be around 65 per cent.......

Stora Enso will launch its integrated mill project in Guangxi, China in two phases

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July 19, 2013 Stora Enso has received the requisite project approval for the integrated pulp and board project in Guangxi, southern China, from the Chinese National Development and Reform Commission (NDRC). In order to benefit from the growing consumer demand for hygienic and high quality consumer board more rapidly, Stora......

Stora Enso aims to convert Varkaus Mill fine paper machine to containerboard

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June 14, 2013 Stora Enso has decided to commence a feasibility study with the aim of converting the Varkaus Mill fine paper machine in Finland to produce virgin-fibre-based containerboard. The findings of a recently completed pre-feasibility study supported continuation of the process. The feasibility study, which is expected to be......
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Stora Enso expands renewable packaging business to Pakistan

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September 18, 2012 Stora Enso has signed an agreement to establish a joint venture called Bulleh Shah Packaging Private Limited with Packages Ltd. of Pakistan. Stora Enso’s initial shareholding will be 35% with a commitment to increase the shareholding at the agreed value to 50% at a later stage subject......
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Stora Enso to build world-class EUR 1.6 billion consumer board and pulp mill in China

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Stora Enso plans to build plantation-based integrated board and pulp mills at Beihai city in Guangxi, southern China. The mill site will initially include a 450,000 tons per year paperboard machine and pulp capacity of 900,000 tonnes per year, including necessary energy plant and auxiliary facilities. In a unique set-up,......