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Who was Stora Enso's Beihai plant sold to?
As of November 2023, this factory has been sold to Shandong Huatai Paper.
According to the South China Paper News, Stora Enso signed an agreement with Shandong Huatai Paper to acquire 60% of the shares of Shandong Stora Enso Huatai Paper Co., Ltd. held by Stora Enso.
The main reason why Stora Enso's Beihai plant was sold to Shandong Huatai Paper is that Shandong Huatai Paper has strong economic and technical strength and hopes to expand its business scope and market share by acquiring this plant. Improve product quality and market competitiveness, and further optimize industrial layout and supply chain management.
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