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Avery Dennison Corporation announces the promotion of Steve Flannery to senior vice president and general manager EMENA of the newly formed Materials Group. He replaces Hassan H. Rmaile, who was promoted to president, Materials Group worldwide.
Avery Dennison has promoted Steve Flannery to senior vice president and general manager EMENA of the newly formed Materials Group. He replaces Hassan H. Rmaile, who was promoted to president, Materials Group worldwide.
UPM has completed the sale of all of its Russian operations while Stora Enso has completed the divestment of its Hylte paper site.
Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint paper capacity by 245,000 tonnes. Using 2022 figures as a benchmark, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 160 million.
STORA ENSO OYJ INVESTOR NEWS 4 April 2023 at 9:00 EEST Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to... | April 4, 2023