Mill Site Stone-Laying Ceremony of Stora Enso's Beihai Forest, Pulp & Paper Integrated Project Held in Beihai
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 Comm...
Stora Enso’s New Corrugated Board Plant at Lukhovitsy in Russia Inaugurated
DONGYING, Shandong, China /Xinhua-PRNewswire/ -- Stora Enso’s Russian subsidiary Stora Enso Packaging BB on June 25 inaugurated its new corrugated board plant at Lukhovitsy, some 130 kilometres southeast of Moscow. “Demand for high-quality corrugated packaging is growing in Russia, and th...
Stora Enso Starts Feasibility Study for a World-class Pulp and Paper Mill in Nizhny Novgorod Region
HELSINKI, May 26 /Xinhua-PRNewswire/ -- Stora Enso has decided to commence a feasibility study for an integrated pulp and paper mill in the Nizhny Novgorod region in Russia, as the findings of the recently completed pre-feasibility study begun in July 2007 supported continuation of the process...
Stora Enso Divests Power Plant and Real Estate in the Netherlands
HELSINKI May 26, /Xinhua-PRNewswire/ -- On 4 October 2006 Stora Enso announced its intention to close its Berghuizer Mill at Wapenveld in the Netherlands. Paper production at the mill ceased in October 2007 and the main machinery will be scrapped. Stora Enso has now signed two separate agreemen...
Stora Enso attends drupa - a meeting point for the media world
HELSINKI, May 9 /Xinhua-PRNewswire/ -- The world’s leading trade exhibition for the print media industry, drupa, will open in Düsseldorf on May 29. This time, drupa is expected to break all previous records with more than 1,800 exhibitors from 50 countries. Stora Enso’s business areas ...
Stora Enso Shares Converted
HELSINKI, Finland, April 15 /Xinhua-PRNewswire/ -- During the 1-31 March 2008 conversion period there were two conversions and a total of 10 506 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 April 2008, and trading in the new R share...
Stora Enso CEO Jouko Karvinen’s Message at Annual General Meeting
HELSINKI, Finland, April 1, 2008 /Xinhua-PRNewswire/ -- "The year 2007 was a challenging year for Stora Enso. The financial performance of the Company was burdened by extremely high fibre costs and further weakening of the US dollar. Nevertheless, we were able to maintain our earnings per share ...
Stora Enso's Annual General Meeting and Decisions by the Board of Directors
HELSINKI, Finland, April 1, 2008 /Xinhua-PRNewswire/ -- Stora Enso's Annual General Meeting (AGM) on 26 March 2008 adopted the accounts for 2007 and granted the Company's Board of Directors and Chief Executive Officer discharge from responsibility for the period. Dividend The AGM...
Stora Enso's First Quarter 2008 Profit Negatively Impacted by Poor Wood Products Results Due to High Wood Costs
Segment Reporting Changes will Increase Transparency and Comparability HELSINKI, March 21 /Xinhua-PRNewswire/ -- Stora Enso's operating profit in the first quarter of 2008 excluding non-recurring items is expected to be close to the level achieved in the fourth quarter of 2007 and therefore...
Stora Enso's Joint Venture Veracel's Tree Plantations Gain FSC Certification
HELSINKI, Finland, March 18 /Xinhua-PRNewswire/ -- Stora Enso's joint venture Veracel in Brazil received Forest Stewardship Council (FSC) certification for its tree plantations on 13 March 2008. An FSC chain-of-custody certificate was simultaneously granted to the mill. Both certificates are val...
Stora Enso Sets a CO2 Reduction Target
HELSINKI, Finland, March 14 /Xinhua-PRNewswire/ -- Stora Enso has published today its CO2 reduction target of 20% by 2020 in its Annual Report for 2007. The target covers Stora Enso’s direct CO2 emissions from production as well as indirect emissions from purchased electricity and heat. The ba...
Stora Enso’s Annual Report 2007 Published
HELSINKI, Finland, March 12 /Xinhua-PRNewswire/ -- Stora Enso’s Annual Report 2007 was published today in English, Finnish and Swedish. The electronic version (pdf) can be downloaded at the Group's website http://www.storaenso.com/annualreport . Printed copies of the report can be ordered at...
Start-up of China's 1st Professional SC Paper Line
SHANDONG, China, Dec. 5 /Xinhua-PRNewswire/ -- At 15.53 p.m. November 25, the first professional super calendar paper (SC paper) production line in China successfully produced its first sheets of paper, indicating the successful start-up of the joint venture of Stora Enso Huatai Paper. The proje...
Stora Enso Invests to Improve Energy Efficiency and Cost Leadership at Mills in Belgium and Germany
Group Takes Further Steps to Help to Mitigate Climate Change HELSINKI, Finland, Nov. 7 /Xinhua-PRNewswire/ -- Stora Enso is improving energy efficiency through investments totalling EUR 260 million at Langerbrugge Mill in Belgium and Maxau Mill in Germany. Both projects are scheduled to b...
Stora Enso's Non-recurring Items in Third Quarter 2007 and New Segment Reporting
HELSINKI, Finland, Oct. 16 /Xinhua-PRNewswire/ -- As already announced, Stora Enso will record two non-recurring items (NRI) in its third quarter of 2007 results. These non-recurring items will have a total negative net impact of EUR 550 million on operating profit and a positive tax impact o...
Stora Enso sells some shareholdings in Stora Enso Arapoti to Arauco
Stora Enso Oyj Stock Exchange Release 27 September 2007 at 14.40 GMT HELSINKI, Finland, Sept. 30 /Xinhua-PRNewswire/ -- Stora Enso and Arauco have concluded their exclusive negotiations and reached agreement for Stora Enso to sell some assets of Stora Enso Arapoti in Brazil to Arauco. Stor...
Stora Enso Divests Real Estate in Germany
Stora Enso Oyj Stock Exchange Release 28 September 2007 at 07.00 GMT HELSINKI, Finland, Sept. 29 /Xinhua-PRNewswire/ -- As announced on 4 October 2006, Stora Enso will close down Reisholz Mill by the end of 2007. The mill's two paper machines will cease production by year end and will then b...
Franklin Resources has Decreased its Shareholding in Stora Enso
HELSINKI, Finland, Sept. 26 /Xinhua-PRNewswire/ -- Stora Enso Oyj was informed on 21 September 2007 that the shares in the Company held by the affiliated investment advisers of Franklin Resources, Inc. has fallen under 5% of the paid-up share capital on 20 September 2007. With reference t...
Stora Enso Divests its North American Paper Operations to NewPage to Create a North American Paper Industry Leader
The Transaction Value is Approximately USD 2 520 Million (EUR 1 816 Million) HELSINKI, Sept. 24 /Xinhua-PRNewswire/ -- Stora Enso has signed a definitive agreement to sell Stora Enso North America, Inc ("SENA"), its North American subsidiary, to NewPage Holding Corporation ("NewPage"), a le...
Stora Enso Launches New Group Organisation to Improve Long-term Profitability
Company Will Account for an Impairment Charge of About EUR 1 300 Million in Third Quarter of 2007 HELSINKI, Finland, Sept. 10 /Xinhua-PRNewswire/ -- Stora Enso is reorganising its operations from the current four divisions into eight separate business areas: Fine Paper, Merchants, Consumer ...
