Transcript Stora Enso Oyj - Key Facts

Company Presentation
Stora Enso in Brief
Stora Enso is an integrated paper, packaging and forest
products company producing publication and fine papers,
packaging boards and wood products, areas in which the
Group is a global market leader.
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Stora Enso in Brief
Paper
Packaging
Boards
Forest
Products
• A world leader
– 15.7 million tonnes of paper and board
– 7.4 million m3 of sawn and processed wood products
• Three core product areas
– Paper, Packaging Boards and Forest Products
• Sales: EUR 12.2 billion
• Approximately 44 000 employees in 40 countries
• Market capitalisation: EUR 9.1 billion
• Shares listed on Helsinki, Stockholm and New York stock exchanges
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Mission, Vision and Values
Mission We promote communication and well-being of people by turning renewable fibre into paper,
packaging and processed wood products
Vision
Values
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We will be the leading forest products company in the world
– We take the lead in developing the industry
– Customers choose us for the value we create for them
– We attract investors for the value we create
– Our employees are proud to work with us
– We are an attractive partner for our suppliers
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Customer focus - ”We are the customers’ first choice”
Performance - ”We deliver results”
Responsibility - ”We comply with principles of sustainable development”
Emphasis on people - ”Motivated people create success”
Focus on future - ”We take the first step”
StoraEnso presentation/Kaluga 15th of April/Turpeinen Jorma
Major Structural Changes
2002 Sylvester acquisition, Timber
2000 Close down of Newton Kyme mill, packaging
2000 Sale of power assets outside mill
1999 Sale of Dalum mill, fine papers
1999 Sale of technical office papers
2004 Divestment of Swedish forests
2002 Divestment of Finnish forests
2001 Pulp division dissolved
2000 Gruvön mill Billerud
2000 Consolidated Papers Inc. acquisition
1999 Sale of various non-core assets;
office buildings, shipping line etc.
1999 Sale of Tervakoski mill, speciality papers
1998 Stora Enso merger
1998 Schweighofer acquisition
1997 Holtzmann acquisition
1998 Suzhou acquisition
1995-6 Veitsiluoto acquisition
1990 Feldmühle acquisition
1993 Sale of Eurocan
1987 Papyrus
1993 Tampella
1990 Sale of Veneer
industry
1986 Tervakoski,
Kitee acquisition
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Forest acquisition
1990 Soustre,
acquisition
1987 Ahlström,
Varkaus Mills
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acquisition
1986 Kopparkraft
sales and leaseback
1984 Billerud acquisition
Packaging Boards Mills
Kristiinankaupunki
Pori
Mohed
Wisconsin
Rapids
Fors
Vikingstad
Jönköping
Skoghall
Forshaga
Hangzhou
Pasir Gudang
Bäckefors
Göteborg
Newcastle
Bolton
Milton Keynes
Tolosa
Cordoba
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Heinola
Lahti
Jülich
Páty
Barcelona
Valencia
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Balabanovo
Arzamas
Lübeck
Baienfurt
Saint-Seurin-Sur-L’Isle
Pulp in bales
Skene
Edam
Krefeld
Packaging Boards
Ruovesi
Varkaus
Pankakoski
Uimaharju
Imatra
Kotka
Ingerois
Karhula
Loviisa
Hammarby
Lamia
Tartu
Tallinn
Riga
Klaipeda
Kaunas
Towards superior performance
Company strategy: “Stora Enso wants to achieve operational excellence,
superior performance and image in sustainability”
Mission:
Vision:
Values:
Policy:
Our products promote well-being
We take the lead
Responsibility
Code of Ethics
Environmental and
Social Responsibility
CSR Principles
Environmental
Principles
Sustainability
(Corporate Responsibility)
Economic
Social
(CSR)
Accountability: Transparency, Stakeholder dialogue
Code of Ethics: Provides links to all relevant policies and principles
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Environmental
Sustainability Indexes
Dow Jones Sustainability Index
• Tracks the performance of leading
sustainability-driven companies worldwide
• Stora Enso has been included since the
launch in 1999 (six times now)
FTSE4Good index
• Index series for socially responsible investors
• Assesses achievements in:
– upholding and supporting universal
human rights
– developing positive relationships with
stakeholders
– working towards environmental sustainability
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Leading Producers
of Paper and Board, October 2004
Stora Enso
International Paper
UPM-Kymmene
Oji Corporate
Georgia-Pacific Corp.
Weyerhaeuser Corp.
Nippon Paper Group, Inc.
Smurfit-Stone Container Corp.
Abitibi-Consolidated
SCA
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2 000
4 000
6 000
Source: Jaakko Pöyry Consulting
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8 000
10 000
12 000
14 000
16 000
18 000
Capacity in 1 000 tonnes
StoraEnso Packaging in
Russia
Corrugated market in Russia 19952010
2,500
x 1 m illion m 2
2,000
1,416.7
1,500
1,000
500
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M2 / Region
North-West
240,1 Mln m2
15,3%
265,4 Mln m2
16,9%
Central
576,7 Mln m2
36,8%
Other
335,5 Mln m2
21,4%
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Volga East
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History
Dec ’04
Arzamas extension
1Q 2004
Arzamas start-up
In 2002
StoraEnso decision of Arzamas
Sep ‘00
BB Ready goods warehouse extended
Oct ‘98
First boxes produced
Sep ‘97
Enso Oy decision
May ‘99
Official opening of Balabanovo-plant
Oct ‘97
Construction starts
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Apr ‘01 –March ‘02
BB Plant extension
StoraEnso presentation/Kaluga 15th of April/Turpeinen Jorma
Stora Enso Packaging
SEPack in Russia
Investment
MEUR > 90
Production
220 million m2
Personnel
> 300
Start
End of 1998 Balabanovo
1Q- 2004 Arzamas
Personnel
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Why Kaluga region?
Market
Proximity to Moscow
Authorities Active support on all levels
Personnel
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High potential human resources
StoraEnso presentation/Kaluga 15th of April/Turpeinen Jorma
Information as it happens:
www.storaenso.com
www.storaenso.com/investors
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