Stora Enso has decided to start using a valuation method for its forest assets in the Nordics based on market transaction data and change the accounting policy from the fourth quarter of 2020 onwards.
Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, is delighted to announce that five cartons produced using its quality paperboards were selected as winners at the 2020 European Carton Excellence Awards at a virtual ceremony organised on 7th October.
MINSK, 6 October (BelTA) - Svetlogorsk Pulp and Board Mill will implement a new investment project to launch the production of paper packaging, which received a go-ahead during the government conference hosted by the head of state on 6 October to discuss the development of the woodworking industry, pulp and paper industry, head of the Bellesbumprom Concern Mikhail Kasko told reporters after the conference, BelTA has learned.
As a result of the weakening world economic outlook as well as the COVID-19 related restrictive measures and their consequences, the uncertainty in UPM’s market environment continues. To ensure future competitiveness, UPM keeps taking action to decrease fixed and variable costs in its businesses and functions.
The project engineering for Metsä Fibre’s bioproduct mill project in Kemi, Finland will start at the beginning of August 2020. This means the detailed engineering of the mill’s technology, civil construction, MEI installations and commissioning, as well as preparation for the project’s construction phase.