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Tag: Stora Enso

Stora Enso completes co-determination negotiations at Hylte Mill in Sweden

22 October 2020 ` 18:46  
Stora Enso has completed the co-determination negotiations concerning the closure of one standard newsprint paper machine (PM3) and the deinking plant at Stora Ensos Hylte Mill in Sweden. The maximum personnel impact is 140 people. As a result...

Stora Enso invests in a new CLT production line in Czech Republic

10 September 2020 ` 11:20  
Stora Enso has decided to invest approximately EUR 79 million in a new production line for cross laminated timber (CLT) at its Ždírec sawmill in the Czech Republic. Production is scheduled to begin during the third quarter of...

Stora Enso builds pilot facility for packaging foam material

28 August 2020 ` 17:11  
Stora Enso will build a pilot facility for producing Cellufoam by Stora Enso, a lightweight, fiber-based foam material for protective packaging and cushioning. The pilot plant will be located at Stora Enso’s Fors Mill in Sweden. The sustainable...

Stora Enso’s Q2 sales drop 18.9%

22 July 2020 ` 19:02  
Stora Enso’s 1Q 2020 sales decreased by 18,9% YoY to Euro 2,114 billion. The Covid-19 crisis has accelerated the decline in demand for European paper, and the market conditions for the Group’s other products continue to be mixed....

Stora Enso introduces low-carbon paperboard for chocolate packaging

2 July 2020 ` 11:08  
As brand owners and consumers look to lower their environmental impact, Stora Enso hopes that its new plastic-free, lightweight board designed for premium packaging will help them decrease their carbon footprint.

Russian Timber Journal 05-2020: how the current decline in exports of timber products caused by COVID-19 is similar to the situation of the 2008-2009 crisis; the Russian Government granted a six-month deferral to priority investment projects in the forest sector; DNS Les started producing OSB in Primorsky region

Russian Timber Journal 05-2020: comparing the 2008-2009 crisis with the current decline of forest products exports during the pandemic; in the Russian Far East was opened the first OSB production; the Russian government has granted a six-month deferment to...

Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...

Trend in revenue decline of major timber industry players

19 May 2020 ` 13:26  
Many forest-industry companies reported that they reduced revenues or reduced EBITDA margin in 2019. Mondi Group reduced revenue by 3% to € 7.268 billion. International Paper reduced revenue by 3.99% to $ 23.376 billion. Russian forest-industry companies also...

Russian Timber Journal 12-2019: in 2019, plywood production in Russia showed a positive trend; U.S. and China reach “phase one” trade deal; WRQ: Q3’19 global softwood lumber trade on track to be higher than 2018; Moody’s 2020 outlook for the global paper and forest products industry remains negative

Russian Timber Journal 12-2019: in 2019, plywood production in Russia showed a positive trend; U.S. and China reach “phase one” trade deal; WRQ: Q3’19 global softwood lumber trade on track to be higher than 2018; Moody’s 2020 outlook...