Stora Enso Introduces New Organisational Structure for Renewable Packaging and Appoints New Member to the Group Leadership Team
GlobeNewswire - Thu Dec 18, 1:05AM CST
The Renewable Packaging Division will be split into two divisions: Consumer Board and Packaging Solutions. Both new divisions will become separate reporting segments from 1 January 2015.
Stora Enso appoints Noel Morrin as Executive Vice President, Global Responsibility
GlobeNewswire - Thu Dec 18, 1:03AM CST
STORA ENSO OYJ STOCK EXCHANGE RELEASE 18 December 2014 at 9.01 EET
Stora Enso to divest its Uetersen Mill
GlobeNewswire - Sat Dec 13, 5:04AM CST
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. The transaction is in line with Stora Enso's strategic transformation to a customer focused renewable materials company. The transaction is expected to be completed in the first quarter of 2015 and is subject to regulatory approvals.
Stora Enso completes the divestment of its coreboard and core manufacturer Corenso
GlobeNewswire - Mon Dec 01, 3:38AM CST
Stora Enso has completed the divestment announced 30 September 2014 of its Corenso business operations to the Finnish packaging materials company Powerflute Oyj. The enterprise value of the transaction is approximately EUR 90 million, and the all cash consideration approximately EUR 102 million. The transaction is estimated to result in a capital gain of approximately EUR 12 million that will be reported as a positive non-recurring item in Stora Enso's fourth quarter 2014 operating profit.
Beverage Packaging Market by Type (Bottle, Can, Pouch, Carton), Material (Glass, Plastic, Metal, Paperboard), Application (Alcoholic, Non-Alcoholic, Dairy) & Geography - Global Trend & Forecast to 2019
PR Newswire - Mon Nov 17, 6:59AM CST
Beverage manufacturers have witnessed tremendous growth in the last five years. This has influenced the beverage packaging industry substantially and an upsurge was recorded in this industry simultaneously. New technologies have initiated the emergence of innovative packaging designs, but stringent regulations challenged the beverage packaging manufactures to prioritize environment health. Developing countries present a viable market for this industry as the regions of the western world have become a saturated market for beverage manufacturing and beverage packaging companies as well. Rising disposable income of the growing middle-class population in the developing countries is creating demand for a broader range of products.
OI: 27.18 (-0.06)
Global Beverage Packaging (Glass, Plastic, Metal, Paperboard) Market - Trend & Forecast to 2019
M2 - Mon Nov 17, 4:13AM CST
Research and Markets (http://www.researchandmarkets.com/research/rqm6m3/beverage) has announced the addition of the "Beverage Packaging Market by Type, Material, Application & Geography - Global Trend & Forecast to 2019" report to their offering. The beverage packaging market has been growing in accordance with the advancement of the beverage industry. The effect of on-the-go lifestyle in the developing economies has up-surged the market for packaged food and beverages. Rise in consumer spending for fast moving consumer goods such as beverages has driven the market for beverage packaging. The beverage packaging market is segmented based on type, material, and application. The beverage packaging industry is restrained by strict legislations regarding the packaging material used and their disposal. The demand for eco-friendly and recyclable bio-based materials is rising as a result of consumer awareness and stringent environmental laws. The beverage packaging market is a fragmented market with leading companies driving the market growth with a majority market share. The report further provides qualitative analyses of the prominent market players and their preferred development strategies. Key players such as Saint-Gobain S.A. (France), Tetra Laval International S.A. (Switzerland), Stora Enso Oyj (Finland), Owens-Illinois, Inc. (U.S.), Crown Holdings, Inc. (U.S.), Rexam PLC (U.K.), and Ball Corporation (U.S.), Mondi PLC (U.K.), Amcor Limited (Australia), Reynolds Group Holdings Limited (New Zealand), and Alcoa Inc. (U.S.) have been profiled in the report. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Industry Trends 6 Market Overview 7 Beverage Packaging Market, By Material 8 Beverage Packaging Market, By Type 9 Beverage Packaging Market, By Application 10 Beverage Packaging Market, By Geography 11 Beverage Packaging Market, By Brand 12 Competitive Landscape 13 Company Profiles 14 Appendix Companies Mentioned: - ALCOA - Amcor - Ball - Crown - Mondi - Owens-Illinois - Rexam - Reynolds Group - Saint-Gobain - Stora Enso - Tetra Laval For more information visit http://www.researchandmarkets.com/research/rqm6m3/beverage
OI: 27.18 (-0.06)
Stora Enso Invests in Quality and Cost-Competitiveness of Imatra Mills in Finland
GlobeNewswire - Thu Oct 23, 1:05AM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 23 October 2014 at 9.00 EET.
Stora Enso Interim Review January--September 2014
GlobeNewswire - Wed Oct 22, 5:44AM CDT
Q3/2014 (compared with Q3/2013)*
Stora Enso's Nomination Board Appointed
GlobeNewswire - Wed Oct 15, 1:05AM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 October 2014 at 9.00 EET
Stora Enso Strengthens Its Group Leadership Team With Sourcing
GlobeNewswire - Tue Oct 14, 1:07AM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 14 October 2014 at 9.00 EET
Stora Enso's Uetersen Mill buyer withdraws application for merger
GlobeNewswire - Thu Oct 09, 2:02AM CDT
As earlier communicated, Stora Enso signed an agreement in May 2014 to divest its Uetersen specialty and coated fine paper mill in Germany to Brigl & Bergmeister, an Austrian specialty paper producer. Stora Enso recorded a negative non-recurring item of approximately EUR 34 million related to the planned disposal in the second quarter 2014 operating profit.
Stora Enso divests its coreboard and core manufacturer Corenso
GlobeNewswire - Tue Sep 30, 1:05AM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 30 September 2014 at 9.00 EET
Change in Stora Enso's Group Leadership Team
GlobeNewswire - Fri Sep 19, 1:44AM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 19 September 2014 at 08.31 EET
Stora Enso's joint operation pulp mill in Uruguay inaugurated
GlobeNewswire - Mon Sep 08, 10:03AM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 8 September 2014 at 18.00 EET
Research and Markets: Global Biodegradable Packaging Materials Market 2014-2018: Key Vendors are BASF, International Paper, Mondi, Smurfit Kappa Group & Stora Enso Oyj
Business Wire - Wed Sep 03, 7:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gpkqdg/global) has announced the addition of the "Global Biodegradable Packaging Materials Market 2014-2018" report to their offering.
Global Biodegradable Packaging Materials Market 2014-2018: Key Vendors are BASF, International Paper, Mondi, Smurfit Kappa Group & Stora Enso Oyj
M2 - Wed Sep 03, 6:43AM CDT
Research and Markets (http://www.researchandmarkets.com/research/f4hsjv/global) has announced the addition of the "Global Biodegradable Packaging Materials Market 2014-2018" report to their offering. The Global Biodegradable Packaging Materials market to grow at a CAGR of 10.53% over the period 2013-2018 Biodegradable materials are materials that are readily decomposed by the action of microorganisms. Biodegradable packaging differs from conventional non-degradable packaging in terms of raw materials, production technology, applications, and composting. Biodegradable materials such as bio-plastic and paper are widely used in packaging applications because of their sustainable nature, material properties, and appearance. Biodegradable packaging materials are used in all levels of packaging including primary, secondary and tertiary packaging. One of the emerging trends in the market is the market growth and expansion through alliances, joint ventures, and acquisitions. Market players are expanding their geographical reach and product portfolios to gain a competitive position in the market. According to the report, the demand for biodegradable packaging materials is expected to surge because of the increase in consumer demand for biodegradable packaging. Growing consumer awareness and the adoption of biodegradable materials for packaging applications by retail outlets has a favorable influence on the Global Biodegradable Packaging Materials market. Further, the report states that the lack of sophisticated technology to support the substitution of biodegradable plastics instead of traditional petroleum-based plastics is a major restraint for the Global Biodegradable Packaging Materials market. Key Vendors - BASF - International Paper - Mondi - Smurfit Kappa Group - Stora Enso Oyj Other Prominent Vendors - Biopac - Clearwater Paper - Georgia-Pacific - Holmen - Hood Packaging - Kruger - MeadWestvaco - Natureworks - Novamont - OJI Holding - Rocktenn - The Mayr-Melnhof Group Key Questions Answered in this Report - What will the market size be in 2018 and what will the growth rate be? - What are the Key Market Trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors? For more information visit http://www.researchandmarkets.com/research/f4hsjv/global
CLW: 68.98 (-0.15), MWV: 45.15 (-0.21)
Stora Enso to build demonstration plant in Louisiana, USA
GlobeNewswire - Tue Sep 02, 1:19PM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 2 September 2014 at 21.15 EET
Stora Enso Strengthens Its Group Leadership Team With Four New Members
GlobeNewswire - Fri Aug 29, 1:11AM CDT
STORA ENSO OYJ STOCK EXCHANGE RELEASE 29 August 2014 at 9.00 EET
Stora Enso Interim Review January--June 2014
GlobeNewswire - Mon Jul 21, 5:29AM CDT
Significant operational earnings improvement continues; fixed cost reduction programme target clearly exceeded
Stora Enso's NRI in second quarter 2014 have EUR 106 million negative impact including a cost for planned closure of Corbehem Mill in France
GlobeNewswire - Mon Jul 21, 5:06AM CDT
Stora Enso will record non-recurring items (NRI) with a negative net impact of approximately EUR 106 million on operating profit and a positive impact of approximately EUR 1 million on income tax in its second quarter 2014 results. The NRI will decrease earnings per share by EUR 0.13.