China to Surpass Japan as the World's Largest Hardwood Chip Importer by 2014
Chinese hardwood chip imports will double from 6.3 million Bone Dry Metric Tons (BDMT) in 2011, to 12.7 million BDMT in 2016. Japan's imports of hardwood chips will drop from 9.9 million BDMT to 8.6 million BDMT in the same period, the lowest volume of imports since 1993.
Stora Enso successfully completes Eurobond tender offer. Stora Enso has successfully repurchased notes with nominal value EUR 336 820 000 from the 2014 bond issued in 2004 and tapped in 2009.
Greenpeace and APP: Maybe Someday They’ll Even Be Friends
The long-running battle between Greenpeace and Asia Pulp & Paper (APP), a giant Indonesian paper company, is heating up again. But this time, there’s a new wrinkle: The two sides are being surprisingly nice to each other – at least for now.
Stora Enso to build EUR 1.6 billion pulp mill in China
Stora Enso to build world-class EUR 1.6 billion consumer board and pulp mill in China. Stora Enso plans to build plantation-based integrated board and pulp mills at Beihai city in Guangxi, southern China.
Wood chip exports from Australia fell in 2011 to their lowest level in 11 years and Vietnam took over as world’s largest chip exporter, reports the Wood Resource Quarterly Vietnam has taken over Australia as the world’s largest supplier of wood chips to pulp mills in Asia.