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stora enso plans for competition.


Stora Enso


Stora Enso Oyj (NYSE: SEO, ) is a Finnish–Swedish pulp and paper manufacturer, formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso-Gutzeit Oy in 1998.
 plans for competition. Stora Enso, Helsinki, Finland, has launched a restructuring program at its publication paper mill at Corbehem, France, to secure the mill's long-term competitiveness in depressed market Depressed market

Market in which supply overwhelms demand, leading to weak and lower prices.
 conditions. The program agreed to by the workers' council A workers' council is a deliberative assembly, composed of working class or proletarian members, intended to facilitate workers' self-management or workers' control. Unlike a trade union, in a workers' council the workers are assumed to be in actual control of the workplace, rather  will follow stages during 2003-2006 and include:

* Reorganization of the entire mill including a reduction of 160-170 employees by 2006

* Variable-cost reduction plan to improve productivity and efficiency of assets

* Investment in Paper Machine Number 5 raising annual capacity by 55,000 metric tons to 305,000 metric tons of lightweight coated magazine paper (LWC LWC Lindsey Wilson College (Kentucky)
LWC Liquid Water Content
LWC Lightweight Coated paper
LWC Language of Wider Communication
LWC Lincoln-Way Central
LWC Lost Workday Case
LWC Leave Word Calling
LWC Light Weight Concrete
) in 2004 as already announced in December 2002.

In related news: Stora Enso, North America (SE-NA), Wisconsin Rapids, Wisconsin Wisconsin Rapids is a city in Wood County, Wisconsin, United States. The population was 18,435 at the 2000 census. It is the county seat of Wood County.GR6 , USA jointly announced with the Paper, Allied-Industrial, Chemical and Energy Workers International Joint Group (PACE) Locals 94, 116, 187, 359, and 1306 that the PACE membership voted to accept a Workplace Competitiveness proposal with SE-NA. The proposal includes:

* Introduction of practice flexibility concepts taking advantage of employees working in more effective ways

* A voluntary early retirement program for PACE members

* A PACE Performance Recognition Plan or gain sharing program.
COPYRIGHT 2003 Paper Industry Management Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:World Watch
Publication:Solutions - for People, Processes and Paper
Date:Nov 1, 2003
Words:183
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