NEWS

(04/29/2013 / sha)

Södra Cell Tofte granted temporary reprieve

Södra Cell will be continuing production at its Tofte mill in Norway up to 15 June. The County Chairman (of the local council) has extended the notification period for closing Södra Cell Tofte to 30 April and Södra will be further evaluating the situation and the process over the next few days.

Södra had originally intended to cease production at Tofte at the end of April after failing to secure a feasible deal for the mill which was put up for sale last October.

Södra has been attempting for some time to achieve profitability at Södra Cell Tofte, but it has not been possible to turn the tide despite a number of measures being implemented. However, production at present is stable, hence the reprieve.