The hottest Storaenso joint venture starts product

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Stora Enso joint venture began to produce liquid packaging paper in China

this compilation report: Finland - Helsinki news on August 11, 2005 ----- today Stora Enso announced that it had signed an agreement with Foshan Huaxin Packaging Co., Ltd., a Chinese cardboard manufacturer, on establishing a joint venture in China. The final agreement to establish the joint venture will be signed in the fourth quarter of 2005. In this agreement, Stora Enso will own the majority equity

Foshan Huaxin Packaging Co., Ltd. has invested US $160million to build a white pulp lined cardboard (WLC) machine with an annual production capacity of 250000 tons. Through this joint venture, stora ensoa plans to shift its investment to primary raw fiber products, such as liquid packaging paper and cup paper. Cigarette paper and other cardboard, with an estimated additional value of $90million. Therefore, it will become the first manufacturer of sterile liquid packaging paper in China, and this machine will be completed in the second half of 2006

stora ENSO's key strategic goal is to increase the business volume of wrapping paper in the group's stock. C. after the experiment, if there is a long period of time without machines, it will grow and continue to expand its business in emerging markets with its important customers. It is expected that the global demand for liquid packaging paper will continue to grow, and the growth of Asian market will be the largest. China is the fastest growing market for liquid packaging paper in the world. Stora Enso is already the leader of the world's liquid packaging paper manufacturer, and its production in China will further strengthen this position

on the whole, it is advantageous for this factory to be located in Southeast China close to Macao and Hong Kong. The short fiber pulp required for the relative density of 2.07 in this plant will be imported from veracel plant in Brazil, and the long fiber pulp required will be imported from stora enso`s enocell pulp plant in Finland. At the beginning, chemical thermomechanical pulp (CTMP) will be supplied by stora enso`s Imatra pulp plant in Finland, but Stora Enso is considering producing chemical thermomechanical pulp (CTMP) and chemical pulp in Guangxi Province of China in the future, Because the company has a plantation here

Foshan Huaxin Packaging Co., Ltd. is a listed company (Shenzhen Stock Exchange). Its main business is the production of WLC and the processing of color cartons, and its main market is southern China. Foshan Huaxin Packaging Co., Ltd. has 1270 employees and two paper machines with a total annual production capacity of 140000 tons

Stora Enso in China

with an annual production capacity of 240000 tons in Jiangsu, ST is currently the only tool in China that can process qualified Charpy impact specimen gaps in addition to optical curve grinder. Ora ENSO Suzhou factory is one of the largest manufacturers of coated high-grade paper in China, contributing to China's economic, social and environmental development. There is a Stora Enso paper core factory with an annual production capacity of 30000 tons in Hangzhou. In 2004, Stora Enso began to establish a joint venture with Shandong Huatai Paper Industry in China to evaluate the feasibility of producing publication paper in China. 20000 hectares of plantations have been established in Stora Enso, Guangxi Province

source: China Packaging

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