Stora Enso Oyj (STEAV.HE)
Stora Enso Oyj operates in the Packaging & Containers industry of the Basic Materials sector, headquartered in Helsinki, UU, FI. The stock last traded at $9.80, up 1.03% on the session, giving a market capitalisation of $7.64B. Its beta of 0.60 implies it has historically moved less than the broad market.
Stora Enso Oyj operates globally as a supplier of sustainable products and services, primarily leveraging renewable resources across the packaging, biomaterials, timber construction, and paper industries. The company organizes its operations into several key divisions: Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and an 'Other' category. The Packaging Materials division manufactures eco-friendly and recyclable packaging substances derived from both new and recycled fibers, catering to the food and beverage, pharmaceutical, and logistics sectors. Its Packaging Solutions unit focuses on creating and distributing fiber-derived packaging goods and associated services, including corrugated and carton board items, specialized converting products, creative design assistance, automated packaging systems, and innovative formed fiber and wood foam materials, serving diverse markets like retail, online commerce, and industrial applications. Through its Biomaterials segment, Stora Enso supplies a range of pulp types essential for producers of paper, cardboard, tissue, textiles, and hygiene products, and also extracts tall oil and turpentine from organic biomass. The Wood Products division delivers a variety of timber-based offerings, such as digital design aids for construction projects, processed lumber, and energy-efficient heating pellets, in addition to providing components for the window, door, and packaging industries. Responsible forest management and the provision of wood resources are handled by the Forest segment. The Paper segment specializes in producing paper goods for printing and office environments. An 'Other' segment encompasses an investment in Pohjolan Voima Oy, a utility company generating electricity and heat. Stora Enso's client base is broad, encompassing packaging manufacturers, brand owners, paper and board producers, publishing houses, retailers, printing businesses, converters, joinery firms, and construction enterprises. Established in 1996, the corporation maintains its main office in Helsinki, Finland.
Stora Enso Oyj is most often compared with the following Basic Materials names: