Paper producer Stora Enso has suffered a loss of demand due to office closures linked to the COVID-19 pandemic. The firm’s CEO, Annica Bresky, has stated the firm faces “an accelerated structural decline for paper” and has extended its cost cutting program to cope. The drop in demand over the longer term can be seen in U.S. imports of pulp and paper which fell by 5.1% year over year in 2019 and declined by a further 15.8% in the first two months of 2020. Seaborne imports also fell by 18.8% in March. U.S. seaborne inbound shipments linked to Stora Enso fell by 14.0% y...