Stora Enso

  • Stora Enso plans restructuring and profitability improvement actions

    Etiketter: The pulp and paper industry
    Permanent shutdown of 475 000 tonnes of newsprint capacity planned. Stora Enso plans to restructure its operations through the permanent shutdown of two newspaper machines in Sweden. Stora Enso also plans efficiency improvements in the Printing and Reading customer service and the Building and Living Business Area. The profitability improvement actions are planned to reduce annual costs by EUR 54 million and reduce the number of employees by approximately 600 altogether. / Stora Enso
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  • Stora Enso and Chalmers enter collaboration in intelligent pharmaceutical packaging

    Etiketter: The pulp and paper industry
    “To be able to exploit innovations, it is important to take advantage of combined strengths” Stora Enso and Chalmers’ Encubator have reached a co-operation agreement under which Stora Enso will act as a partner to Encubator. The focus of the collaboration is an innovation project developing intelligent pharmaceutical packaging. The idea comes from Stora Enso, and Encubator will run the business development together with Chalmers School of Entrepreneurship. / Pulp & Paper News
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  • 520 employees will have to leave Stora Enso

    Stora Enso plans restructuring of its operations through the permanent shutdown of paper machine 1 at Hylte Mill in Sweden and the permanent closure of the corrugated packaging plant at Ruovesi in Finland. / Pulp&Papernews
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  • Stora Enso completes tap of two five-year bonds

    Stora Enso yesterday successfully tapped its two five-year bonds due in June 2017. Both bonds are issued under Stora Enso's EMTN (Euro Medium Term Note) program. / Papernet
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  • Stora Enso stop betting on biodiesel

    Stora Enso and Neste Oil will not build a planned biodiesel plant. There will be no EU funding for the project, and there will not be any biodiesel production, according to a newsletter from The Paper Province. / Pulppapernews
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  • Neste Oil and Stora Enso to end their biodiesel project

    Neste Oil and Stora Enso have decided not to progress with their plans to build a biodiesel plant, for which the two companies had applied for funding under the EU's NER 300 program. The European Commission recently published a review on its Web site of projects that have applied for NER funding, and Neste Oil's and Stora Enso's project is not among those listed as scheduled to receive this funding. / Bolagsfakta
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  • Atlas Copco helps Stora Enso recycle energy

    The installation of a central controller and variable speed drive compressor from Atlas Copco has significantly reduced energy costs for Stora Enso's Hagen mill in Germany. / Papernet
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  • Stora Enso Renewable Packaging plans permanent closure of its converting unit in Hungary

    Etiketter: The pulp and paper industry
    Stora Enso Renewable Packaging plans to improve competitiveness and respond to customer needs through restructuring its converting operations at Páty in Hungary and efficiency measures in the consumer board mill at Barcelona in Spain. / Stora Enso
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  • Stora Enso to build world-class EUR 1.6 billion consumer board and pulp mill in China

    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 tonnes per year state-of-the-art paperboard machine and pulp capacity of 900 000 tonnes per year, including necessary energy plant and auxiliary facilities. / Stora Enso
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  • Stora Enso CEO Jouko Karvinen comments on fourth quarter and full year 2011 results

    Etiketter: The pulp and paper industry
    “Stora Enso’s 2011 turned out to be another year of change. Whereas the full year shows year-on-year operational EBIT improvement, the latter part and especially the fourth quarter showed that rethinking within the Group has to continue." / Stora Enso
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