Friday, April 29, 2005

Stora-Enso Reports on Paper market

Stora - Enso, the world's largest papermaker, reported that demand for most paper grades is good in both Europe and USA. Higher pricing has helped all manufactures profitability. The group also stated that price increases WILL continue
because of increased cost pressures. Stora Enso felt the coated paper market would witness more aggressive price
increases than the uncoated sector.

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