Stora Enso Oyj (0KCK.L)
| Previous close | 168.10 |
| Open | 168.50 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 168.50 - 170.20 |
| 52-week range | 168.50 - 170.20 |
| Volume | |
| Avg. volume | N/A |
| Market cap | 1.392B |
| Beta (5Y monthly) | 1.05 |
| PE ratio (TTM) | 0.94 |
| EPS (TTM) | 1.79 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Oilprice.com
How Renewable Forests Could Solve A Major Electric Vehicle Problem
By using wooden components in lithium-ion batteries, companies may well be able to drastically reduce the carbon footprint associated with the production of electric vehicles
- Reuters
Northvolt and Stora Enso to develop batteries from forestry byproduct
Swedish battery maker Northvolt and Finnish-Swedish forestry company Stora Enso are trying to develop batteries from forestry byproduct lignin, the companies said on Friday. After years of research and development, it could be turned into new products by forestry giants letting go of paper. "Our lignin-based hard carbon...will secure the strategic European supply of anode raw material," head of Stora's biomaterials unit Johanna Hagelberg said in a statement outlining a development agreement between the companies.
- Investing.com
European Stocks Edge Higher; German Manufacturing PMI Weakens Sharply
European stock markets edged higher Friday, ending the week on a positive note despite the European Central Bank’s larger-than-expected interest rate as well as disappointing survey growth data. The ECB raised interest rates by 50 basis points from zero percent on Thursday, its first hike in 11 years, ending a policy of negative interest rates that had been in place since 2014. The hike was more than the 25 basis points increase that ECB President Christine Lagarde guided towards at the central bank’s June meeting, suggesting that the policymakers have become very concerned about inflation, with Eurozone CPI now at a record annual 8.6%, even at the expense of growth in the region.
