New Joint Venture Stora Enso Digital Solutions
December 02 2004 - 4:11AM
PR Newswire (US)
New Joint Venture Stora Enso Digital Solutions Stora Enso Oyj News
Release December 2, 2004 at 8:00 GMT HELSINKI, Finland, Dec. 2
/PRNewswire-FirstCall/ -- Stora Enso and Xeikon International have
established a joint venture, Stora Enso Digital Solutions N.V. The
joint venture will undertake sales, service and development of
Stora Enso DBS Powered by Xeikon, a turnkey disc packaging solution
for disc producers such as the music, software, movie and games
industries as an alternative to plastic packaging. Stora Enso has a
majority shareholding in Stora Enso Digital Solutions, which is
based in Lier, Belgium. DBS (Discbox Slider) is Stora Enso's
environmentally friendly and cost- effective paperboard packaging
for CDs and DVDs. Stora Enso DBS Powered by Xeikon is an automated
on-demand production line that covers the whole process of
printing, converting and filling DBS packs. It is very efficient
for short runs and personalized packages, and so ideal for
increasingly fragmented markets such as the music business. Xeikon
International is the world's leading supplier of digital colour
printing solutions for professional applications. It is a
subsidiary of Punch International, a company with a turnover of EUR
176 million in 2003 listed on the Brussels Euronext stock exchange
and part of the NextPrime index. Ari Lehikoinen has been appointed
Managing Director of Stora Enso Digital Solutions. Currently based
in Belgium, he was previously employed at Stora Enso's InnoCentre
packaging research and development unit in Finland. For further
information, please contact: Ari Lehikoinen, Managing Director,
Stora Enso Digital Solutions N.V., tel. +358 400 707 854 Juha
Lehtola, Vice President, New Business Innovations, Stora Enso
Consumer Boards, tel. +358 2046 22153
http://www.storaenso.com/productnews http://www.storaenso.com/dbs
http://www.xeikon.com/ http://www.punchinternational.com/ Stora
Enso is an integrated paper, packaging and forest products company
producing publication and fine papers, packaging boards and wood
products, areas in which the Group is a global market leader. Stora
Enso sales totalled EUR 12.2 billion in 2003. The Group has some 44
000 employees in more than 40 countries in five continents and an
annual production capacity of 15.7 million tonnes of paper and
board and 7.4 million cubic metres of sawn wood products, including
2.8 million cubic metres of value-added products. Stora Enso's
shares are listed in Helsinki, Stockholm and New York. Stora Enso
Oyj Business ID 1039050-8 DATASOURCE: Stora Enso Oyj CONTACT: Ari
Lehikoinen, Managing Director, Stora Enso Digital Solutions N.V.,
+358-400-707-854, or Juha Lehtola, Vice President, New Business
Innovations, Stora Enso, Consumer Boards, +358-2046-22153 Web site:
http://www.storaenso.com/productnews http://www.storaenso.com/dbs
http://www.xeikon.com/ http://www.punchinternational.com/
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