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Tag: Stora Enso

Stora Enso divests its sawmills and forest operations in Russia

26 April 2022 ` 16:04  
Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through...

Stora Enso stops all production and sales in Russia

2 March 2022 ` 17:51  
Stora Enso announced that they will stop all production and sales in Russia until further notice. Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia (according to WhatWood, the total annual sawn timber...

Stora Enso launches new bio-based binder system

5 May 2021 ` 18:06  
NeoLigno is Stora Enso’s latest addition to the range of products. It is a fully bio-based binder system without formaldehyde and isocyanates. Initial target applications are in particleboards and insulation materials used in the building and construction industry....

Stora Enso launches plan to permanently close pulp and paper production at mills in Kvarnsveden and Veitsiluoto

30 April 2021 ` 17:24  
Stora Enso will enter into co-determination negotiations with employees at the mills in Kvarnsveden in Sweden and Veitsiluoto in Finland regarding a plan to permanently close the pulp and paper production at both plants. The planned closures would...

Setles LLC completed a priority investment project in the forest sector in Karelia

27 April 2021 ` 17:16  
The value of investments in the assets of Stora Enso amounted to 459 million rubles: 388 million rubles were invested in a sawmill and 71 million rubles – in the development of the forest infrastructure. In total, the...

Stora Enso abandoned the intention to expand its production facilities in the Novgorod region

26 April 2021 ` 17:50  
The Finnish company abandoned the intention to update and expand the production facilities of Setnovo LLC, its subsidiary company in the Novgorod region. Investments in the project were estimated at 520 million rubles. According to Novy Prospekt, the...