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Releaf Paper Unveils a Sustainable Marvel: The Fallen Leaf Collection and Natural Kraft Collection Eco-Friendly Packaging

Releaf Paper, a pioneering producer of eco-friendly paper products and packaging from fallen leaves, is thrilled to announce its latest offerings: the "Fallen Leaf Collection" and "Natural Kraft Collection." This innovative line of products, including eco-friendly bags, paper sheets, and more, takes a significant stride towards preserving our environment while embracing the beauty of nature.

Arctic Paper moves to Warsaw Stock Exchange mWIG40 index

Arctic Paper S.A. announces that from September 1, 2023, the company's shares will be traded on Warsaw Stock Exchange mWIG40 index. mWIG40 index is successor of MIDWIG index and has been calculated since December 31, 1997 and comprises 40 medium size companies listed at WSE Main List. mWIG40 is a price index and thus when it is calculated it accounts only for prices of underlying shares whereas dividend income is excluded.

Pulp and paper sector more impacted by record-high energy prices and economic slowdown in 2022 than previously thought

Highly dependent on the economic context, the European pulp and paper sector has experienced a slowdown in 2022, particularly in the last quarters of the year. A declining trade balance may point to a decrease in global competitiveness, amid a period of regulatory uncertainty for Europe’s industry overall, and paper and board packaging producers especially.

Stora Enso plans restructuring actions to improve long-term competitiveness and profitability

Stora Enso is planning restructuring actions to strengthen the Group’s long-term competitiveness, improve profitability and focus capital allocation in strategic growth markets. Stora Enso is also taking the next step in driving a decentralised operating model targeting increased customer centricity, business focus and cost reductions. The planned restructuring actions, combined with previously initiated negotiations in the Packaging Materials division, would result in total reductions of approximately 1,150 employees.

Stora Enso completes negotiations at Anjalankoski production unit concerning the closure of one paper line

Stora Enso has completed the negotiations concerning the consolidation of its book paper production and the permanent closure of one of the two paper machines at the Anjalankoski site in Finland. The closure will take place during the fourth quarter of 2023.

In April 2023, Stora Enso announced a plan to permanently close one of the two paper machines and concentrate all book paper production to one line at the integrated Anjalankoski site due to the prevailing weak paper demand and high input costs.

Pulp and paper producers take stock of their investments in climate action

Since 2005, the CO2 emissions of the pulp and paper sector have been reduced by 36% and by substituting fossil-based products, the European forest-based industries lower the EU’s total emissions by an estimated 410 Mt CO2 per year. The equivalent of taking 85 million cars – or the entire fleet of vehicles registered in Germany and Italy – off the road. The 4th edition of REINVEST2050 offers a glimpse of how that is done, through a collection of testimonies from the movers and shakers in pulp and paper. 

Stora Enso completes the divestment of its Hylte paper site to Sweden Timber

Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint paper capacity by 245,000 tonnes. Using 2022 figures as a benchmark, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 160 million.