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Recent Articles

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Stora Enso's Q4 operating profit drops 16% to €705M from €839M in year-ago period, as sales grow 5% year-over-year to €2.86B; 2022 year-on-year sales up 14% to €11.68B, and sales excluding Paper up by 17%

Ikea is sourcing more wood from Sweden and Baltics after shunning Russia and Belarus over Ukraine war; in 12 months through August 2022, Ikea used 20 million m3 of wood and wood fiber in its products, packaging and communication material

Holmen's Q4 profit of SEK1.27B up 46% year-over-year on net sales up 31% to SEK6.25B; 2022 operating profit doubles to SEK7.53B due to higher selling prices for paper, paperboard, while cost inflation was limited by high wood, energy self-sufficiency

JD Irving to see property assessment increases for each of its four New Brunswick pulp, paper mills in 2023; company will pay about C$4.9M in provincial, municipal property taxes on pulp, paper, tissue mills in Saint John alone, up 19% in three years

Executive Perspective: Stora Enso CFO says benefits of retaining Anjala paper mill 'exceed the value of explored divestment opportunities'; Stora Enso studying options to convert one PM at either Anajala or Langerbrugge mill to packaging materials line

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