Stora Enso, Inc.
Kimberly, WI 54136
Share:
Stora Enso's SC Paper Machine in Shandong Province, China Inaugurated Today
Stora Enso's SC Paper Machine in Shandong Province, China Inaugurated Today HELSINKI, Finland, January 28 / / -- Stora Enso's Hannu Alalauri, EVP, Magazine Paper, and representatives of Huatai Paper and local government today inaugurated Stora Enso's 200 000 tonnes per year super-calendered (SC) paper machine at Dongying in Shandong province, China. The machine started production on 25 November...
Read More »Stora Enso Divests Its Merchant Business Papyrus to Altor
The Total Enterprise Value of the Transaction is Approximately EUR 640 Million HELSINKI, March 6 - Stora Enso has signed an agreement to sell its merchant business Papyrus to Altor Fund II for an enterprise value of approximately EUR 640 million. The transaction consideration consists of approximately EUR 490 million in cash, approximately EUR 93 million of net liabilities assumed by the...
Read More »Stora Enso's SC Paper Machine in Shandong Province, China Inaugurated Today
Stora Enso's SC Paper Machine in Shandong Province, China Inaugurated Today HELSINKI, Finland, January 28 / / -- Stora Enso's Hannu Alalauri, EVP, Magazine Paper, and representatives of Huatai Paper and local government today inaugurated Stora Enso's 200 000 tonnes per year super-calendered (SC) paper machine at Dongying in Shandong province, China. The machine started production on 25 November...
Read More »Stora Enso Further Curtails Production in Wood Products
As already announced in connection with the Group's third quarter 2007 results, market conditions remain difficult in Wood Products due to the temporary oversupply and high inventories in its main markets. Deliveries and prices for wood products are depressed, so the profitability of this segment in the fourth quarter of 2007 is expected to be significantly lower than in the fourth quarter of...
Read More »Stora Enso Intends to Delist from the New York Stock Exchange and to Deregister and Terminate Its U.S. Reporting Obligations under the Securities Exchange Act of 1934
Stora Enso Oyj intends to delist its American Depositary Receipts (ADRs), each representing one Stora Enso Series R ordinary share, from the New York Stock Exchange (NYSE) in the USA. This delisting will be followed by the filing of Form 15F with the U.S. Securities and Exchange Commission (SEC) to deregister and terminate its reporting obligations under the Securities Exchange Act of 1934...
Read More »Stora Enso Best Paper Company in the Climate Disclosure Leadership Index
Stora Enso has been ranked the best paper and forest products company in the Nordic region regarding carbon emission disclosure. Stora Enso is included in the Carbon Disclosure Project's first Nordic report listing top companies that demonstrate best in class practices in climate change strategy and reporting greenhouse gas emissions. Overall, Stora Enso comes in fourth place on the Climate...
Read More »Stora Enso Finalises Partial Divestment of Stora Enso Arapoti to Arauco
Stora Enso has finalised the partial divestment of Stora Enso Arapoti in Brazil to Arauco as anticipated in the announcement on 27 September 2007. Stora Enso sold 100% of the Arapoti sawmill, 80% of the shares of the forest holding company and 20% of the shares of the coated paper mill company to Arauco. The total consideration is USD 208 million (EUR 144 million). Stora Enso Arapoti comprises a...
Read More »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 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 be completed in the second quarter of 2010. These investment projects will significantly reduce fuel costs while increasing the use of bio energy at each mill....
Read More »