Kimberly-Clark Completes Acquisition of Softex Indonesia

According to the report, total printing-writing paper shipments increased 14 percent in August compared to August 2020. U.S. purchases of total printing-writing papers increased 12 percent in August compared to the same month last year. Total printing-writing paper inventory levels decreased three percent when compared to July 2021. U.S. purchases of uncoated free sheet (UFS) papers in August increased 12 percent compared to last August while the inventory level decreased three percent compared to July 2021. UFS imports and exports both increased compared to July 2020, up 13 percent and 17 percent respectively. Coated free sheet (CFS) paper shipments increased 20 percent compared to August 2020 while the inventory level decreased three percent compared to July 2021. CFS imports and exports both increased compared to July 2020, up 46 percent and six percent respectively. U.S. purchases of coated mechanical (CM) papers in August decreased five percent compared to last August while the inventory level decreased three percent compared to July 2021. CM imports and exports both increased compared to July 2020, up 27 percent and 15 percent respectively. Uncoated mechanical (UM) paper shipments increased 14 percent compared to August 2020 while the inventory level decreased six percent compared to July 2021. UM imports and exports both increased compared to July 2020, up 33 percent and 33 percent respectively.

The construction of Wisdome Stockholm, a scientific experience arena, is now underway. The building at Sweden’s National Museum of Science and Technology in Stockholm has a pioneering design and will be a landmark object for sustainable and climate-smart construction in wood. Stora Enso is the main partner and delivers wood construction materials to Wisdome Stockholm. Wisdome Stockholm is a spectacular wooden building design of 1,325 square meters with a unique vaulted roof. Inside the building, there is a globe-shaped dome theatre of 21.6 meters in diameter hosting a 3D cinema with a spherical screen. "We are a proud supplier to this ground-breaking project. Wisdome Stockholm pushes the boundaries and shows what is possible to create with wood as a climate-friendly construction material. Through unique projects like this we can strengthen our customer offering as well as our leading position within renewable construction materials,” says Per Lyrvall, Country Manager Sweden, Stora Enso.

*NET TURNOVER increased by 4 percent to 711 (681) MSEK. Compared to the first quarter of 2024, turnover rose by 3 percent due to higher market prices. *THE LIST PRICE of NBSK pulp was 16 percent higher compared with the second quarter of 2023. Compared with the first quarter of 2024, the list price rose 13 percent. The market price of CTMP rose by 1 percent compared with the second quarter of 2023 and decreased by 2 percent from the first quarter of 2024. *PRODUCED VOLUME amounted to 91.0 (93.2) thousand tonnes, which is 2 percent lower than in the corresponding quarter of 2023. *VOLUME SOLD rose to 88.6 (82.8) thousand tonnes, an increase of 7 percent. *EBIT (operating profit) was 30 (41) MSEK. Compared with the corresponding quarter of 2023, selling prices were lower while volumes were higher. EBIT increased from the first quarter of 2024 as a result of rising prices and higher production volumes.