Stora Enso today signed a contract with Beihai city in Guangxi province, China, to secure fibre resources. Under the contract, in the period 2006-2008 Beihai city will provide Stora Enso with a total of 30 813 hectares of plantation and land through purchasing existing plantations and establishing new plantations on forestland. Stora Enso currently has about 60 000 hectares of hardwood industrial plantations and land usage rights in southern Guangxi. The aim is to create a sustainably managed fibre base of 160 000 hectares of plantation land by 2010 to support establishment of an integrated pulp and paper mill in Guangxi in the long term. (Source: Stora Enso) |