NEWS

(02/25/2014 / sha)

+++ IMPORTANT +++
Södra to expand Värö pulp mill

Södra’s board of directors made the decision to invest SEK 4 billion (around USD 610 million) to implement a major expansion of the pulp mill in Värö. Work is now starting to increase the current production capacity of 425,000 to 700,000 t/y of pulp.

“The expansion at Södra Cell Värö is a measure which will reinforce our market position. We already supply high-quality pulp to a number of different customer segments, and we can now develop and underpin this. Our aim is to become the first choice for customers,” commented Lars Idermark, CEO and Group President at Södra..

If the environmental permit process goes according to plan, the expanded mill will be ready for commissioning in the third quarter of 2016. The project will create the equivalent of 400 full-time jobs over a period of ten years. In the long term, the investment will also create 20 or so new job opportunities at the mill and 220 job opportunities within surrounding businesses.

“This is a major investment, and it will be of enormous significance to our members – both industrial and forest owners. This expansion will give us more efficient pulp production while also securing a long-term and profitable market for our members’ raw timber products,” said Christer Segerstéen, Södra’s Chairman.