Prudent steps in China
It was decided to modernise the paper machine at Suzhou Mill in China. The EUR 38 million investment, to be completed by mid 2005, will increase coated fine paper production and sheeting capacity from 165 000 to 240 000 tonnes per year at the mill.
Stora Enso also started a joint venture with Shangdong Huatai Paper of China to assess the feasibility of starting publication paper production in China.