Stora Enso is increasing the size of its Chinese plantations.
The company announced today that it has signed a contract with the Chinese city of Beihai to secure 76,108 acres of land in Guangxi province.
Under the contract, the city will provide Stora Enso with existing plantations and new plantations on forest lands over the next two years.
Stora Enso currently has about 148,000 acres of hardwood plantations and land-use rights in the province. The company plans to create a system of plantations covering 395,000 acres in the area by 2010 to support a long-term goal of establishing an pulp and paper mill in Guangxi.Duluth News Tribune
