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Stora Enso Furthers Intent to Build Mill in Russia

Dec. 21, 2007 - Stora Enso yesterday said that it has signed a letter of intent with the Nizhny Novgorod regional administration in Russia for a proposed paper and pulp mill in the region.

In July 2007, Stora Enso announced that it would conduct pre-feasibility study for a pulp and paper mill complex in Nizhny Novgorod, Russia.

The non-binding agreement is the logical continuation of the pre-feasibility study, Stora said.

The proposed mill would produce paper for Russian consumers from Russian wood, Stora added.

SOURCE: Stora Enso

See related story:
- Stora Enso to Study Feasibility of Paper Mill in Russia (7/17)




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