Stora Enso Oyj announces the proposed members for the Board of Directors of the new forest asset company planned to be demerged from Stora Enso (the “New Company”). The demerger is expected to be completed in the first half of 2027.
Proposed members to the Board of Directors of the new forest company planned to be separated from Stora Enso
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Bruce Hogan has been named the new Vice President and General Manager of ND Paper’s Old Town Division. A pulp and paper industry veteran, Hogan brings 33 years of experience with internationally recognized companies including International Paper, Mohawk Fine Papers, Essity and Appvion. “Bruce brings a breadth of knowledge that will be instrumental in helping us usher in a new era of growth and excellence at our historic Old Town Mill,” said ND Paper CEO Ken Liu. “Because beyond operations, Bruce will also be critical in helping us execute the continued capital transformation program for the Division.”
Water is one of the world’s most precious resources, and is inextricably linked to combating climate change. According to the UN, 2.2 billion people worldwide lack safe drinking water and the responsible use of water will help reduce floods, droughts, scarcity and pollution. As a leading manufacturer of packaging and paper, water is vital to our global operations and responsible water stewardship is central to how we do business. Since 2014 we have promoted a landscape approach to water stewardship, working together with farmers, local government, and industries, who all share a common interest in maintaining freshwater ecosystems and services.
We are announcing a US$22/metric tonne (for 45.0 gsm) newsprint price increase effective with shipments on or after June 15, 2018. Other basis weights will be adjusted accordingly. Please note that this price increase does not apply to Ponderay Newsprint Company.