Veracel expansion

Posted: 22 January 2007 in Brazil, Veracel

Stora Enso sees the expansion of Veracel as more important than its other operations in Brazil and Uruguay, according to Stora Enso’s financial vice president Hannu Ryopponen. The decision whether to double the capacity of Veracel is to be taken this year, Ryopponen told the Finnish financial newspaper Kauppalehti.

Stora Enso appears unable to see the problems caused by its operations in Brazil and seems determined to make things worse.

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