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The Black Sea Trade and Development Bank (BSTDB) is providing a EUR 27 million loan to the Russian pulp and paper producer JSC “Solikamskbumprom”, located in Perm Region of Russia. The seven-year loan will support the company’s efficiency improvements, energy... [more...]
TreeToTextile AB is a joint venture between H&M group, Inter IKEA group and innovator Lars Stigsson since 2014, with the aim of developing new textile fibers in a sustainable way at attractive cost levels. Today TreeToTextile announces that Stora Enso will join this partnership ...... [more...]
Stora Enso and the Forest Stewardship Council® (FSC) have signed an international partnership agreement establishing a long-term strategic collaboration to develop and promote sustainable forestry. Stora Enso and FSC have announced ...... [more...]
Stora Enso has divested 100% of the shares of its Swedish subsidiary June Emballage AB to its current management team. June Emballage is a manufacturer specialized in small-batch custom-made transport packaging in corrugated board. ...... [more...]
The 3Q/18 brought development in East Asia, as Chinese imports of hardwood chips reached a record high and Vietnam expanded its market share at Australia's expense, reports the Wood Resource Quarterly. In the 3Q/18, Chinese importation of ...... [more...]
Softwood sawlog prices declined throughout the world in the 3Q/18. Consequently, the Global Sawlog Price Index (GSPI) fell 3.7% from the 2Q/18 to the 3Q/18, the second consecutive q-o-q decline... [more...]
The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Mondi Štětí of the Czech Republic, Holzindustrie Maresch of Austria, and ECO-INVESTMENT also of the Czech Republic. The joint venture will be active in the ...... [more...]