Stora Enso Oyj - Company Announcement

Stora Enso invests EUR 90 million in Skoghall consumer board mill

Helsinki, Finland, 2011-04-20 11:59 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 20 April 2011 at 12.59 EET 

Stora Enso is responding to growing demand and expectations in the packaging
market by investing approximately EUR 90 million in Skoghall Mill in Sweden.
The investment will enable further development of Skoghall Mill by securing its
competitiveness and safeguarding its wood raw material supply by improving wood
handling. 

“We are continuously rethinking to find efficient new solutions so we can
better meet our customers' needs. Skoghall Mill is one of our key assets in the
liquid packaging board business in Europe, and this is an important step to
improve the mill's competitiveness. In addition, the investment will support
the wood and chip handling to all our Swedish mills,” says Mats Nordlander,
Executive Vice President, Packaging Business Area. 

Stora Enso will build a new woodroom and woodyard at Skoghall Mill with annual
wood handling capacity of 1.9 million m3. The investment is scheduled to be
completed by the end of the fourth quarter of 2012. 


For further information, please contact:
Mats Nordlander, EVP, Packaging Business Area, tel. +46 1046 72703
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242
Lauri Peltola, Head of Group Communications and Global Responsibility, tel.
+358 2046 21380 


www.storaenso.com
www.storaenso.com/investors

Stora Enso is the global rethinker of the packaging, paper and wood products
industry. We always rethink the old and expand to the new to offer our
customers innovative solutions based on renewable materials. Stora Enso employs
some 26 000 people worldwide, and our sales in 2010 amounted to EUR 10.3
billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and
Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs
(SEOAY) in the International OTCQX over-the-counter market. 

STORA ENSO OYJ