Stora Enso is exploring the possibility of building a new fibre

Report this content
STORA ENSO OYJ Press Release 28 September 2005 at 17.00

Stora Enso is exploring the possibility of building a new fibre 
line at Veracel

Stora Enso’s CEO Jukka Härmälä said today that Stora Enso has 
made preliminary plans to build a second eucalyptus fibre line 
at Veracel Pulp Mill in Brazil. He was speaking at the formal 
inauguration of Veracel, which was attended by Brazilian 
President Luis Inácio Lula da Silva.

“We have been so encouraged by our good co-operation and the 
support we have received that although no decision has yet been 
taken, we see it as a natural development to invest in a second 
fibre line jointly with Aracruz, our partner in Veracel,” Mr 
Härmälä said. Stora Enso will announce more details of the plans 
when further decisions have been taken.

Veracel Pulp Mill, a joint venture between Stora Enso and 
Aracruz Celulose, started sustainable production of low-cost, 
high-quality eucalyptus pulp in May 2005. The annual capacity of 
the mill in full production is 900 000 tonnes, Stora Enso’s 
share being 450 000 tonnes. Pulp shipments to Stora Enso’s mills 
in China and Europe commenced in July 2005. 

When in full production, the present mill will be the largest 
single-line pulp mill in the world. It is also one of the most 
modern, with state-of-the-art technologies and processes meeting 
the strictest international environmental standards. The total 
investment, including plantations, the mill and infrastructure, 
was about USD 1.2 billion. 

For further information, please contact:
Nils Grafström, Executive Vice President and President, Stora 
Enso Latin America, tel. +55 11 3065 5200
Kari Vainio, Executive Vice President, Corporate Communications, 
tel. +44 7799 348 197
Keith Russell, Senior Vice President, Investor Relations, tel. 
+44 20 7016 3146
Ulla Paajanen-Sainio, Vice President, Investor Relations and 
Financial Communications, tel. +358 40 763 8767

www.storaenso.com

Previous press releases concerning Stora Enso’s activities in 
South America:
-	26 September 2005: Stora Enso is purchasing land in Brazil 
	and Uruguay
-	15 August 2005: Stora Enso’s Oulu Mill receives first 
	shipment of Veracel pulp
-	8 May 2003: Stora Enso and Aracruz announce decision to build 
	Veracel pulp mill
		

STORA ENSO OYJ



p.p.	Jussi Siitonen		Jukka Marttila

Subscribe