Stora Enso Helps USPS Launch Star Wars Commemorative Stamps
STEVENS POINT, Wis., Aug. 17 /Xinhua-PRNewswire/ -- Stora Enso has joined the United States Postal Service (USPS) in celebrating the 30th anniversary of the opening of Star Wars with the recently unveiled Star Wars stamps. Stevens Point Mill supplied OptiLabel Stamp face paper and LumiSil Stam...
Stora Enso Interim Review January–June 2007
Year-on-year Improvement Maintained Under Difficult Operating Conditions; Challenges Will Continue Through 2007 HELSINKI, Finland, July 26 /Xinhua-PRNewswire/ -- Summary of Second Quarter Results (compared with Q2/2006) -- Sales were EUR 3 805.2 (EUR 3 616.3) million. ...
Stora Enso Found Not Guilty of Anticompetitive Conduct in the USA
HELSINKI, Finland, July 20 /Xinhua-PRNewswire/ -- On 13 December 2006 the US Antitrust authorities announced that Stora Enso North America Corp. had been indicted for its alleged anticompetitive conduct in connection with the sale of coated magazine paper in the USA in 2002 and 2003. ...
Stora Enso Starts Pre-Feasibility Study for a World-Class Pulp and Paper Mill in Russia
HELSINKI, Finland, July 18 /Xinhua-PRNewswire/ -- Stora Enso has decided to start a pre-feasibility study for a pulp and paper mill complex in Nizhny Novgorod, Russia which will be undertaken in close co-operation with the Russian government. The objective is to manufacture paper for Russian...
Stora Enso’s Sustainability Work in China as Showcase for the UN Global Compact
HELSINKI, Finland, July 17 /Xinhua-PRNewswire/ -- Stora Enso’s sustainability work at its Chinese plantations was exhibited as an inspirational example on July 5-6’s UN Global Compact Leaders Summit. The triennial Global Compact Leaders Summit is the UN’s largest gathering of business ...
Stora Enso is Upgrading Board Quality at its Imatra Mills
HELSINKI, Finland, July 10 /Xinhua-PRNewswire/ -- Stora Enso is investing EUR15 million to upgrade board manufacturing at its Imatra mills in Finland to meet customers' developing quality requirements. The project is scheduled to start in July 2007 and be completed in September 2008. As a co...
Stora Enso invests in its mills in Sweden and Finland
HELSINKI, June 21 /Xinhua-PRNewswire/ -- Stora Enso is investing to improve board quality and CTMP production at Fors Mill in Sweden Stora Enso will upgrade and modernise the two board machines (BM 2 and BM 3) and chemi-thermomechanical pulping (CTMP) plant 2 at its Fors Mill in Sweden to impro...
Stora Enso's Closed Period Changed
HELSINKI, June 4 /Xinhua-PRNewswire/ -- Stora Enso has changed the duration of its closed period. From now on, the closed period will start immediately after a reporting period ends and last until the results are announced. Stora Enso will therefore not comment or meet capital market represent...
Stora Enso Signs a EUR 1.4 Billion Syndicated Loan
HELSINKI, Finland, June 1 /Xinhua-PRNewswire/ -- Stora Enso has signed a new EUR 1.4 billion syndicated credit facility agreement with a group of 15 banks. The facility, which has a maturity of five years, is for general corporate purposes including the refinancing of existing EUR 1.75 billion...
Stora Enso Acquires Mill Site Land at Beihai in China
HELSINKI, April 28 /Xinhua-PRNewswire/ -- Stora Enso has signed a mill site land acquisition agreement with Beihai City Government in Guangxi, China. The agreement will provide Stora Enso a total of 250 hectares of industrial land for possible future use as a mill site. The mill site is by th...
Stora Enso's Non-recurring Items in First Quarter 2007
SHANGHAI, China, April 18 /Xinhua-PRNewswire/ -- Stora Enso will record two non-cash, non-recurring items affecting operating profit totalling positive net EUR 32 million in its first quarter 2007 results. The non-recurring items will increase tax expenses by EUR 16.7 million. There will be a ...
Stora Enso's Annual Report on Form 20-F Published
-- New market outlook and Berghuizer Mill closing schedule finalised HELSINKI, Finland, April 2 /Xinhua-PRNewswire/ -- Stora Enso's Annual Report on Form 20-F was filed with the Securities and Exchange Commission (SEC) on 29 March 2007. The Annual Report on Form 20-F will be available in e...
Stora Enso and Neste Oil to Join Forces in Biofuel Development
HELSINKI, Finland, March 21 /Xinhua-PRNewswire/ -- Stora Enso has signed an agreement with Neste Oil to join forces to develop technology for producing new-generation biofuels from wood residues to replace fossil fuels in transportation and thus cut greenhouse gases. The first step will be to d...