Stora Enso and NXP Semiconductors have partnered to make intelligent packaging and Stora Enso will open an Innovation Centre in Helsinki later this year.
Stora Enso has announced a raft of restructuring efforts to reduce costs including the closure of a Finland plant and reductions in all the Swedish sites that have corrugated packaging operations.
Global packaging firm Stora Enso has taken steps to cement its position in the ever-expanding Asian virgin fibre-based consumer board market, through a €1.6bn ($2.1bn) investment in China.
A newly lightweight, tear resistant liner “tailor-made” for the corrugated packaging sector has been developed after collaboration between Stora Enso and industry.
Stora Enso has warn that one-off restructuring and closure costs racked up over the last few months will dent its second quarter operating profits by €32m.
Stora Enso has unveiled plans to build a pre-commercial plant to produce ground-breaking nano-packaging material that will allow it to radically lightweight its paper and board.
Stora Enso has announced it is to make a €285m investment in Poland to boost its containerboard capacity in the key growth market in Central and Eastern Europe (CEE).
Extended shelf life, multi-functionality and sustainability are benefits claimed by Stora Enso for the upgraded version of its DeLight microwavable and ovenproof MAP tray.
Stora Enso said it has improved the processability, performance and cost competitiveness of its biopolymer coating technology as it announced the expansion of its selection of biodegradable packaging boards to include food trays.
Stora Enso said its first quarter operating profit of €119m represented a “remarkable improvement” in its year-on-year results as its packaging business maintained strong performance.
Two companies have teamed up to provide a cup filling and packing
service for processors looking to quickly cash in on the public's
growing appetite for convenience foods.
Swedish-Finnish packaging giant, Stora Enso, has bought it way into
the increasingly lucrative Polish market by taking a majority stake
in one of the country's leading pulp and paper suppliers.
Finnish giant Stora Enso is the latest packaging firm to address
growing environmental concerns. The firm has stated that it aims to
maximise the volume of wood it uses originating from third party
certified forests.
Things aren't looking so good at the moment for Stora Enso. The
company has reported a sharp drop in third-quarter operating
profit, and believes that recovery is some way away. "The
long-awaited recovery in demand for forest...
The Langnese-Iglo Micro-Baguette, launched on the German market
this spring has won first prize in the TIDA 2003, Trayforma
International Design Award competition organised by Stora Enso.
Stora Enso, the world's largest producer of paper and paperboard,
yesterday said that the market for its paper-based products appears
to be picking up following the end of the war in Iraq.
Stora Enso, the Finnish-based global wood-based products group, has
signed a new €2.5 billion revolving credit facility agreement with
a group of 21 banks, which will allow it to increase investment in
existing facilities.
Stora Enso, one of the world's leading forest industry companies,
will move its Asia-Pacific headquarters from Singapore to China's
economic centre, Shanghai, the company's chief executive officer
announced today.
Stora Enso has approved two investments to enhance productivity and
improve cost competitiveness at the Kotka Mill in Finland and the
Kimberly Mill in the USA.
Stora Enso has said that it will take a €1.15 billion charge to
help turn its loss-making North American unit to profit as the
world's top paper and board maker grapples with tough economic
conditions.
The world's top paper and board producer Stora Enso posted
disappointing second-quarter earnings recently and said conditions
remained tough in its main markets, sending its stock sliding.
Stora Enso, the Finnish paper and packaging company, has approved a
€70 million investment in the Baienfurt Mill in Germany to improve
productivity and serve growing market demand. The investment will
increase the Folding Boxboard...
Stora Enso said on Tuesday it had not yet seen any sustained
recovery in the markets after the world's second biggest paper and
board producer posted weaker first-quarter profits