
Stora Enso has completed the divestment announced on 25 July 2019 of its 60% equity stake in the Dawang Mill in China to its joint venture partner, Shandong Huatai Paper.
The transaction will not have any material impact on Stora Enso’s operational EBIT. Following the transaction, Stora Enso’s net debt will decrease by approximately EUR 22 million and annual sales by approximately EUR 60 million.
After this transaction, Stora Enso has no paper production in China.
RELATED NEWS
Piero Celli passed away at 89
April 25, 2025
Papeteries de Vizille launch of the Iripack Pure range
April 24, 2025
Every tree tells a story — and this one represents ours.
April 22, 2025
Voith Paper completes the PM2 rebuild at Panasa in Ecuador
April 17, 2025
Sylvamo Announces CEO, CFO Transition Plan
April 17, 2025
SCA to increase kraftliner prices by € 60 per tonne
April 16, 2025