“This is another investment that will strengthen our market position and competitiveness in market pulp. The expansion of our pulp production represents an integral part of our Group strategy and is a prerequisite for developing our business,” said Idermark.

The existing facility in Mörrum currently produces 380,000 t/y. The investment is of SEK 700 million (EUR 76 million) expected to increase production to about 425,000 t/y.

The investment includes a new chip plant and two separate wood room lines, one for softwood chips and one for hardwood chip production, and conversion of the softwood pulp line, where the existing washing facility will be replaced. The new wood room facilities are scheduled to go into operation in December 2015 and the softwood pulp line in March 2016.