SCA

  • Early Termination of U.S. Hart-Scott-Rodino Waiting Period Received in Connection with SCA’s Acquisition of Wausau Paper Corp.

    Etiketter: Pappersprodukter omger oss varje dag
    Stockholm, Sweden and Mosinee, Wisconsin November 17, 2015 -- SCA (NASDAQ OMX Stockholm: SCA), a leading global hygiene and forest products company, and Wausau Paper Corp. (“Wausau Paper”) (NYSE: WPP), a North American Away-from-Home tissue company, today announced early termination of the waiting period required under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with SCA’s agreement to acquire Wausau Paper for USD 10.25 per share or total consideration of USD 513 million (approximately SEK 4.2 billion) in cash. / SCA
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  • SCA sells its stake in AB Industrivärden

    Etiketter: The pulp and paper industry
    SCA has sold its entire holding of 12,108,723 A-shares in AB Industrivärden representing 4.3% and 2.8% of votes and capital respectively. The shares were sold to Swedish institutions and investors, for a price of SEK169 per A-share. Following the transaction SCA does not own any shares in AB Industrivärden. / SCA
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  • SCA intends to close down a paper machine at Ortviken paper mill and recognize an impairment loss for the mill

    Etiketter: The pulp and paper industry
    SCA intends to close down a newsprint machine at Ortviken paper mill in Sundsvall, Sweden, and recognize an impairment loss for the mill. Efficiency improvement measures will be implemented at the Obbola and Munksund kraftliner mills. The closure, impairment loss and efficiency improvement measures entail total costs of approximately SEK 1.4 billion and will result in annual cost savings of about SEK 180m, of which approximately SEK 120m in lower depreciation, with full impact in 2017. / SCA
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  • SCA divests its business in South East Asia, Taiwan and South Korea for integration with Vinda

    Etiketter: The pulp and paper industry
    SCA, a leading global hygiene and forest products company, strengthens the cooperation with Vinda International Holdings Limited (“Vinda”) by integrating its business in South East Asia, Taiwan and South Korea into Vinda. SCA is the majority shareholder in Vinda, one of China’s largest hygiene companies. / SCA
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  • SCA to acquire Wausau Paper Corp.

    Etiketter: The pulp and paper industry
    Wausau Paper is one of the largest Away-from-Home tissue companies in North America. With approximately 900 employees, the company manufactures and markets Away-from-Home towel and tissue products along with soap and dispensing systems through its Artisan™, DublNature®, DublSoft® and EcoSoft® brands. / SCA
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  • Invitation to SCA’s Q3 2015 press conference

    Etiketter: The pulp and paper industry
    The press conference held in connection with the publication of SCA’s interim report for the third quarter of 2015 will also be available via webcast and it is possible to join by phone. The interim report will be published on October 29, 2015 at approximately 08:00 CET. The subsequent press conference will be held at 10:00 CET at SCA’s headquarters, Waterfront Building, Klarabergsviadukten 63, Stockholm, Sweden. / SCA At the press conference, President and CEO Magnus Groth will present and answer questions regarding the report.
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  • SCA industry leader in Dow Jones Sustainability Indices

    Etiketter: The pulp and paper industry
    Leading global hygiene and forest products company SCA has been included in the Dow Jones Sustainability Indices, one of the world’s most prestigious sustainability rankings. SCA has qualified for inclusion in both the Dow Jones Sustainability World Index and the Dow Jones Sustainability Europe Index, and has been named industry leader in the Household Products sector. / SCA
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  • Christoph Michalski appointed CEO of Vinda

    Etiketter: The pulp and paper industry
    Christoph Michalski, President SCA Global Hygiene Category, has been appointed CEO of Vinda International Holdings Limited, effective October 1, 2015. This appointment represents a clear commitment from both SCA and Vinda to strengthen their long-term cooperation. SCA is the majority shareholder in Vinda, one of China’s largest hygiene companies. Vinda is listed on the Hong Kong Stock Exchange. / SCA
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  • SCA enhances its organization and invests

    Etiketter: The pulp and paper industry
    SCA is a global hygiene and forest products company with about 85% of its sales derived from its hygiene operations. To further intensify the focus on the Group’s two operations, SCA has decided initiate a dividing of the Group into two divisions: a Hygiene division and a Forest Products division. In relation to the Forest Products division, all forest industry and forest land currently owned by SCA will be merged into one division. A decision has also been made to invest in increased capacity for pulp production in the forest products operation. / SCA
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  • SCA to close production plant in France

    Etiketter: The pulp and paper industry
    As part of SCA’s ongoing cost-savings program related to the acquisition of Georgia-Pacific’s European tissue operations, SCA will close the tissue production plant in Saint-Cyr-en-Val, France. The production plant has an annual capacity of 35,000 tons. Production will be discontinued in October 2015. / SCA
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