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Further restructuring measures by Stora Enso in Finland

Feb 22 2010  Stora Enso plans to centralize the use of recovered fiber-based packaging in Finland at Pori, and to close the recycling plant at Varkaus and the core plant at Pori.

Stora Enso is planning to centralize the use of recovered fiber-based packaging in Finland at Pori. A permanent closure of the recycling plant at Varkaus at the end of the third quarter of 2010 is planned. The Ecogas gasification plant associated with the Varkaus recycling plant will continue to operate.The Varkaus recycling plant employs 15 people. As a part of the restructuring, Stora Enso's wholly-owned subsidiary Corenso plans to centralize the core production in Finland at Loviisa and Imatra, and permanently close down the core plant at Pori in the third quarter of 2010. Demand for cores has drastically decreased in recent years.The Pori core plant employs 15 people.

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