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EU Provisionally Agrees On Law To Cut Packaging Waste

The European Union has reached a provisional deal on a new law to cut packaging waste and ban single-use plastics, such as supermarket bags for fruit and m...

Stora Enso To Cut More Jobs As Forestry Market Weakness Persists

Finnish forestry firm Stora Enso said it could lay off about 1,000 employees as part of a restructuring plan aimed at boosting profits and competitiveness...

EU Countries Back Law To Curb Packaging Waste

European Union countries backed a new EU law to cut packaging waste, but agreed to seek exemptions for certain sectors.

Stora Enso Expects Weak Demand To Persist Into 2024

Finnish forestry firm Stora Enso said it expects weak market conditions to persist into next year, with no recovery in the final quarter of 2023, hit by lo...

Stora Enso's Quarterly Profit Slumps As Weak Demand Persists

Stora Enso has reported second-quarter operating profit well below market expectations, hit by a slump in prices, high costs and customers destocking.

Stora Enso Sees Profit More Than Half On Weak Demand, High Costs

Finnish forestry firm Stora Enso has reported a 53% slump in first-quarter earnings, citing cost pressures and a fall in demand for packaging.

Finland's Stora Enso Sees Challenging Year Ahead

Stora Enso has said that higher costs would be likely to squeeze its margins in 2023 after the Finnish forestry group produced its strongest annual results...

Valio To Switch To Tethered Caps For Liquid Product Packaging

Finnish dairy firm Valio will switch to tethered caps for its drinkable products as it seeks to comply with the requirements of the EU single-use plastics...