Activity Resumes at Leitza Factory

The Navigator Company announced today that it will be increasing prices our Uncoated Woodfree papers by 5 to 7 % in Middle East, Africa, Asia, Oceania and Latin America. This measure will be effective with orders shipping April 2nd , 2018. The Navigator Company sells its products to 130 countries over five continents, under its own paper brands with a strong reputation for superior and consistent quality - Navigator, Pioneer, Inacopia, Discovery, Soporset and Inaset.

Stora Enso has decided to invest EUR 45 million in a new production unit for cross laminated timber (CLT) in connection with its Gruvön Mill in Sweden. The investment will further enhance Stora Enso’s position as a global provider of high quality engineered wooden elements and as a market leader in CLT. The production is scheduled to begin during the first quarter of 2019. The estimated yearly capacity of the production line will be approximately 100 000 m³ after ramp-up, subject to required approvals being in place. The investment is expected to generate annual sales of approximately EUR 50 million when run at full capacity and over time significantly exceed the Wood Products division’s profitability target, operational return on operating capital (ROOC) of 18%. Click Read More below for additional detail.

Total European shipments of graphic papers in December 2021 were UP 3.2% vs. December 2020 and were UP 4.4% year-to-date. Total European shipments of newsprint in December 2021 were down 5.5% vs. December 2020 and were down 3.4% year-to-date. Total European shipments of sc-magazine in December 2021 were down 6.9% vs. December 2020 and were down 0.7% year-to-date. Total European shipments of coated mechanical reels in December 2021 were UP 9.7% vs. December 2020 and were UP 3.0% year-to-date. Total European shipments of uncoated mechanical (improved & others) in December 2021 were down 6.2% vs. December 2020 and were UP 2.5% year-to-date. Total European shipments of coated woodfree in December 2021 were UP 11.2% vs. December 2020 and were UP 11.7% year-to-date. Total European shipments of uncoated woodfree in December 2021 were UP 10.2% vs. December 2020 and were UP 10.7% year-to-date.