Article1 min read May 23, 2024In Memoriam: Clarence Allen "Kasy" KingClarence Allen “Kasy” King, 76, passed away in May at his home in Biloxi, MS. King graduated from Virginia Tech with a BS in Chemistry, MS in Surface Chemistry, 1971 and PhD in Paper Science from the Institute of Paper Chemistry.
Article1 min read May 23, 2024Stora Enso Says 2024 Adjusted EBIT to be Significantly Higher than Previous GuidanceStora Enso said it is estimating that the previous full year 2024 adjusted EBIT guidance will be exceeded due to a successful implementation of profit improvement actions and more favorable market conditions. The company has therefore revised its full year 2024 adjusted EBIT guidance to be significantly higher (+50% and above) than the full year 2023 of EUR 342 million.