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Stora Enso to divest its Uetersen Mill

2014-12-13 12:42:39| Paper - Topix.net

Helsinki, Finland, 2014-12-13 12:00 CET -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 13 December 2014 at 13.00 EET Stora Enso has signed an agreement to divest its Uetersen specialty and coated fine paper mill in Germany to a company mainly owned by the private equity fund Perusa Partners Fund 2. The cash consideration for the divestment of the shares is approximately EUR 7 million subject to customary closing day adjustments. The loss on disposal amounts to approximately EUR 30 million and will be recorded as a non-recurring item in Stora Enso's fourth quarter 2014 results.

Tags: mill stora enso divest

 

Stora Enso opens new biomaterials innovation centre

2014-12-08 11:07:59| Paper - Topix.net

Helsinki, Finland, 2014-12-08 10:00 CET -- STORA ENSO OYJ PRESS RELEASE 8 December 2014 at 11.00 EET Stora Enso will concentrate its new biomaterials business development in an Innovation Centre that will be located in the Stockholm area in Sweden. The centre, which will open during the second quarter of 2015, will host research, application, business development, and strategic marketing.

Tags: centre opens innovation stora

 
 

Valmet to supply new winding technology for Stora Enso in Finland

2014-12-03 09:23:32| Paper - Topix.net

Valmet Corporation's press release on December 3, 2014 at 9:30 a.m. EET Valmet will supply Stora Enso with a new winder and auxiliaries for its BM5 board machine located in the company's Tainionkoski unit in Imatra Mills in Finland. The target of the project is to increase the winding capacity and upgrade the winding technology for improved safety and more efficient maintenance operations.

Tags: technology supply finland stora

 

Stora Enso Packaging AB in Packaging Industry (Sweden) - New Study Released

2014-12-01 07:33:36| Paper - Topix.net

The company emphasises and invests heavily in developing new machines that can help to increase efficiency. In June 2013, it invested approximately EUR32 million in the Skoghall Mill in Sweden.

Tags: new study industry released

 

Stora Enso Executive Joins EcoPlanet Bamboo

2014-11-27 10:21:48| Paper - Topix.net

Mr. Ferreira brings 30 years of large scale forestry and nursery experience, most recently responsible for forestry research and a 20 million tree nursery of a 135,000 hectare plantation in Uruguay. Within those responsibilities Mr. Ferreira managed an organization with hundreds of employees, multi-million dollar annual operations budgets, and the construction of a new $17 million nursery.

Tags: executive joins stora bamboo

 

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