BEIHAI, Guangxi, China, Dec. 16 /PRNewswire-Asia/ -- In the morning of Dec. 16th, 2008, a grand Stone-Laying Ceremony was held on Stora Enso’s Beihai Forest Pulp and Paper integrate mill site, located in Tieshan Harbour Industrial Zone, Beihai City. Guo Shengkun, Party Secretary of Standing Committee of Chinese Communist Party of Guangxi Zhuang Autonomous Region, Ma Biao, Governor of Guangxi Autonomous Region, Jouko Karvinen, Stora Enso CEO, Wangqiu Song, President of Stora Enso China, and other guests attended the ceremony. The ceremony was regarded as one of the celebrations for the 50th Anniversary of Guangxi Zhuang Autonomous Region, and also signified a cheerful step forward of the potential Stora Enso's Beihai Forest, Pulp & Paper Integrated Project. Though Stora Enso has not made the final investment decision in the integrate project. The possible execution of the industrial project for the plant of Stora Enso's Beihai Forest, Pulp & Paper Integrate Project will be assessed when all prerequisites are in place.
Stora Enso's Beihai Forest, Pulp & Paper Integrate Project has been co-operated between Stora Enso and Guangxi Forestry Group. If it is carried out after that final decision has been made will be a response to the policy of developing forestry, pulp and paper integrate in full efforts of Chinese Government, and will also facilitate economic development of Guangxi, especially Beihai area. Products will enter Chinese and global market based on Stora Enso’s powerful marketing network, in satisfaction of high-standard requirement in the market, and the site could be gradually developed into a large-scale pulp and paper or board production base. On April 28, 2007, an agreement was signed to acquire the land for the plant site in Beihai. Today’s Stone-Laying ceremony is regarded as a milestone of the Forest, Pulp & Paper Integrated Project with collective efforts by Guangxi Zhuang Autonomous Region and Stora Enso.
Meanwhile, Stora Enso's Beihai Forest, Pulp & Paper Integrated Project is to find ways to satisfy the demand for fiber raw material for 900kt/a pulp and 900 kt/a paper or paperboard project. Besides the foregoing project, under the flag of Stora Enso there are Stora Enso China Sales Company, Suzhou Zixing Paper Co., Ltd, Stora Enso Huatai (Shandong) Paper Co., Ltd, Hangzhou Corenso Hualun Paper Core Co., Ltd, Corenso Paper Core (Foshan) Co., Ltd and Guangxi Stora Enso Forestry Co., Ltd.
Previous press releases concerning Stora Enso’s activities of Forest Pulp and Paper Integrated Project in China are available at http://www.storaenso.com/press .
-- 25 September 2006: Stora Enso further expands its plantations in Guangxi
-- 20 June 2006: Stora Enso increases loan facility for its operations in China
-- 29 March 2006: Stora Enso to sign an agreement for co-operation with UNDP China
-- 10 November 2005: Stora Enso strengthens its presence in Guangxi
-- 10 June 2005: Stora Enso signs loan agreement with International Financing Corporation
-- 31 March 2005: UNDP to Assess Environment and Social Impact of a Forestry Investment Project in Guangxi, China
-- 28 April, 2007: Stora Enso acquires mill site land at Beihai in China
Stora Enso is an integrated paper, packaging and forest products company producing publication and fine paper, consumer board, industrial board and wood products. Stora Enso’s sales totalled EUR 11.8 billion in 2007. The Group has some 36 000 employees in more than 40 countries on five continents. Stora Enso has an annual production capacity of 13.1 million tonnes of paper and board and 7.5 million cubic metres of sawn wood products. Stora Enso’s shares are listed in Helsinki and Stockholm.
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