2009-02-13
Stora Enso reschedules possible pulp and paper mill project at Nizhny Novgorod in Russia
Stora Enso has decided to defer its final decision regarding the proposed pulp
and paper mill project at Nizhny Novgorod in Russia to a later stage due to the
weak global financial situation and near-term outlook for the forest products
industry. The project is not cancelled by this decision, and various actions
will be taken to facilitate possible implementation of the project in the
future.
Stora Enso will hold discussions with the Nizhny Novgorod regional
administration in the near future to establish a new timetable for the proposed
project.
Information about the company: Stora Enso Oyj
