Stora Enso Oyj - Company Announcement

Montes del Plata pulp mill project timetable modified

Helsinki, Finland, 2013-09-12 08:00 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 12 SEPTEMBER 2013 AT 09.00 EET 

Stora Enso's and Arauco's joint-venture pulp mill project Montes del Plata in
Uruguay has been expected to begin the mill start-up process at the end of the
third quarter of 2013. The mill site is 92% complete and the commissioning of
certain areas has already begun. However, the main technology contractors have
informed Montes del Plata that they will not be able to complete the work
according to the agreed timetable. 

Montes del Plata is supporting the contractors and all local stakeholders to
expedite the start-up process. The operational EBIT impact of the delay for
Stora Enso during 2013 is estimated to be EUR 7 million. A further update on
the progress and timetable will be issued when Stora Enso's third quarter
results are announced on 22 October. 

For further information, please contact:
Lauri Peltola, EVP, Global Identity, tel. +358 2046 21380
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242
Kirsi Seppäläinen, VP, Communications and Sustainability, Stora Enso
Biomaterials, 
tel. +358 2046 21444

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


Stora Enso is the global rethinker of the paper, biomaterials, wood products
and packaging 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 28 000 people worldwide, and our sales in 2012 amounted to
EUR 10.8 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