Stora Enso's subsidiary Corenso United Oy
Ltd purchased a 20 percent share in Crown Fibre Tube Inc., a Canadian core and
tube manufacturer.
Crown Fibre has a mill near Halifax, Nova
Scotia.
Next month Corenso will become responsible
for the operations of the coreboard mill and core factory at Wisconsin Rapids
that Stora Enso acquired through the Consolidated Papers acquisition.
Krister Rosenqvist-Packalen, currently
managing director of Corenso France, will become General Manager of Corenso's
operations in North America. He will be based in Wisconsin Rapids. He will
report regionally to Aulis Ansaharju, head of the Stora Enso North America Fine
Paper Division.
Corenso has 11 mills in Europe. UPM-Kymmene
owns a 29 percent share in the company.
Explore the December 2000 Issue
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