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globenewswire

Stora Enso to Restart Production at Enocell Pulp Mill

  • Press Release
  • Source: Stora Enso Oyj
  • On 2:18 am EDT, Monday September 28, 2009

HELSINKI, Finland, Sept. 28, 2009 (GLOBE NEWSWIRE) -- The restart is supported by the improvement in the market situation since the beginning of the summer. However, the market situation remains very challenging. The objective in the short and long term is to improve competitive business conditions for Enocell Pulp Mill to secure its economic viability.

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SEOAY.PK7.84-0.30
Chart for STORA ENSO OYJ ADS
{"s" : "seoay.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Enocell Pulp Mill at Uimaharju in eastern Finland has been temporarily shut down since the end of March 2009. Production at the mill is scheduled to resume at the beginning of November 2009.

Stora Enso is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is included in the Global 100 list of the world's most sustainable companies. Stora Enso is also listed in the Dow Jones Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership Index. Stora Enso employs 29,000 people worldwide, and our sales in 2008 amounted to EUR 11.0 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

Contact:

Stora Enso
Juha Vanhainen, Country Manager Finland,
+358 2046 21343
Jukka Heiko, Managing Director, Enocell Oy
+358 2046 28000
Paeivi Kauhanen, Director, Communications in Finland
+358 2046 21292
www.storaenso.com
www.storaenso.com/investors

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