Press releases
SCA signs a new credit facility agreement of SEK 6 billion
Svenska Cellulosa Aktiebolaget SCA (publ) has signed a new credit facility of SEK 6 billion. The new facility is a refinancing of the current undrawn credit facility of SEK 5 billion, which was signed in 2019. The credit facility is primarily a back-up facility that will remain undrawn and serve as a liquidity reserve for the company.
SCA appoints a new head for the Containerboard and Pulp business areas
SCA appoints Petteri Kalela as the new head of the Containerboard and Pulp business areas and member of the executive management team.
Interim Report Q3 2024
January–September 2024 compared with January–September 2023
Invitation to SCA’s Q3 2024 press conference
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2024, will be available via webcast or by phone.
Half-year report, Q2 2024
January–June 2024 compared with January–June 2023
SCA updates MTN program and publishes prospectus
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. Up to and including July 5, 2024 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.
Change in SCA's Group Management
Mats Nordlander, Head of Business Areas Containerboard and Pulp, has decided to leave SCA during 2024. Mats Nordlander will remain in his role as Head of the both Business Areas until December 31.
SCA to increase kraftliner prices by €60 per tonne
The new price is valid from August 1, 2024.
Invitation to SCA’s Q2 2024 press conference July 26, 2024, 10:00 CEST
The press conference, which will be held in connection with the publication of SCA's report for the second quarter of 2024, can be followed via webcast or telephone.
SCA introduces Revenue Sharing for Residents Near Wind Farms
SCA has decided to take the lead ahead of the government report "The Value of Wind" (SOU 2023:18) by implementing its own compensation model, inspired by the report's proposals, for residents living near new wind farms developed by the company. The amount of compensation will be based on the distance to the turbine and the revenue generated by the turbine. "The proposal from the report is well-balanced, and that’s why we want to take the lead in this area. However, our view is that increased electricity production and resolution of the conflicts of interest that follow require state ownership of a well-designed regulatory framework. It needs to address how companies share revenue with nearby residents, how the state shares existing taxes with municipalities, and how processes to upgrade existing parks can be managed significantly faster," says Martin Ingels, Head of Wind Power at SCA.
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
SCA recruits new Vice President Sustainability
SCA has recruited Per Funkquist as new Vice President Sustainability. Per Funkquist has extensive and solid experience in the forestry industry and will take up his new position on September 1, 2024.
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
SCA to increase kraftliner prices by €60 per tonne
SCA increases the prices on brown and white kraftliner in Europe by €60 per tonne. The new price is valid from June 1, 2024.
Interim report, Q1 2024
January–March 2024 compared with January–March 2023
Invitation to SCA’s Q1 2024 press conference April 26, 2024, 10:00 CET
The press conference, which will be held in connection with the publication of SCA's report for the first quarter 2024, can be followed on-site, via webcast or telephone.
SCA’s Annual General Meeting 2024
The Annual General Meeting of SCA was held on March 22, 2024 at Clarion Hotel in Sundsvall.
SCA publishes 2023 annual report
SCA publishes its annual report for the year 2023 today.
SCA to increase kraftliner prices by €80 per tonne
SCA increases the prices on white and brown kraftliner in Europe by €80 per tonne. The new price is valid from April 1, 2024
Notice convening the Annual General Meeting 2024
Notice is given to the shareholders of Svenska Cellulosa Aktiebolaget SCA (“SCA”), Reg. No. 556012-6293,of the Annual General Meeting of shareholders to be held on Friday, March 22, 2024, at 1.00 p.m. in Sundsvall at Clarion Hotel Sundsvall (registration from 11.30 a.m.)
Year-end Report 2023
January–December 2023 compared with January–December 2022
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
Invitation to SCA’s Q4 2023 press conference January 26, 2024, 10:00 CET
The press conference, which will be held in connection with the publication of SCA's report for the fourth quarter 2023, can be followed via webcast or telephone.
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
Interim report Q3 2023
January–September 2023 compared with January–September 2022
SCA to build new wind farm and increases the degree of self-sufficiency in electricity
SCA is increasing its degree of self-sufficiency in electricity for its own industry by acquiring Fasikan Vind AB, a wind power project located on SCA's land in the Bräcke municipality of Jämtland County. The seller is Arise AB.
Helena Stjernholm is proposed as the new chairman of SCA
The Nomination Committee of SCA proposes that Helena Stjernholm be elected as chairman and member of the SCA board at the annual general meeting on March 22, 2024. SCA's current chairman, Pär Boman, as previously communicated, has declined re-election.
SCA to increase NBSK price
SCA will increase the price on NBSK pulp (Northern Bleached Softwood Kraft) in Europe. The new price will be 1,200 USD, effective as from now.
Invitation to SCA’s Q3 2023 press conference
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2023, will be available via webcast or by phone.
SCA and Holmen see good opportunities to develop the sawmill in Rundvik
On October 28, 2022, SCA and Holmen communicated that the companies intended to carry out a feasibility study for a jointly owned sawmill in Rundvik, Västerbotten County in Sweden.
SCA’s Chairman Pär Boman declines re-election
Pär Boman declines re-election as the chairman of the board for Svenska Cellulosa Aktiebolaget (SCA). Boman remains the board’s chairman until the annual general meeting on March 22, 2024.
SCA becomes wholly owner of Gällö Timber AB
SCA and Persson Invest began their collaboration around Gällö Timber and the sawmill in Gällö, Jämtland in 2010. Since 2010, significant investments have been made in the sawmill to develop its operations and strengthen its competitiveness. Today, the sawmill has 115 employees and a capacity of 370,000 cubic meters of sawn timber.
Half-year report, Q2 2023
January–June 2023 compared with January–June 2022
SCA updates MTN program and publishes prospectus
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. Up to and including July 7, 2023 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.
Invitation to SCA’s second quarter 2023 press conference July 21, 2023, 10:00 CET
The press conference, which will be held in connection with the publication of SCA's report for the second quarter 2023, can be followed via webcast or telephone.
Changes in SCA's Group Management
Kristina Enander, President of SCA’s Pulp business area, will assume the role of Senior Vice President Strategic Development on May 1, 2023. In addition to overall responsibility for driving SCA's strategic development, the role also includes responsibility for research and development, the Group's technical department, and the Group's IT operations. Enander has worked at SCA since 1993.
Interim Report Q1 2023
January–March 2023 compared with January–March 2022 · Net sales amounted to SEK 4,813m (5,015). The decrease was mainly related to lower selling prices for solid-wood products and containerboard. · EBITDA declined 21% to SEK 2,055m (2,608). The change was mainly attributable to lower selling prices. Growth in renewable energy and strong earnings in forest operations, primarily based on a high degree of self-sufficiency in wood raw material, had a positive impact on earnings. EBITDA margin was 42.7% (52.0). · Operating profit amounted to SEK 1,596m (2,223). · Operating cash flow increased to SEK 1,203m (1,143) and continued to finance ongoing strategic capital expenditures. · Earnings per share was SEK 1.74 (2.45). January–March 2023 compared with October–December 2022 · Net sales amounted to SEK 4,813m (4,873). The change was mainly attributable to lower selling prices for pulp and containerboard, which were offset by higher delivery volumes. · Higher delivery volumes and growth in renewable energy had a positive earnings effect. EBITDA increased 4% to SEK 2,055m (1,981). Good control over SCA’s own value chain with a high degree of self-sufficiency in wood, energy and logistics yielded a controlled cost development. EBITDA margin increased to 42.7% (40.6).
SCA’s Annual General Meeting 2023
The Annual General Meeting of SCA was held on March 30, 2023 at Clarion Hotel in Sundsvall.
Invitation to SCA’s Q1 2023 press conference April 28, 2023, 10:00 CET
The press conference, which will be held in connection with the publication of SCA's report for the first quarter 2023, can be followed via webcast or telephone.
SCA publishes 2022 annual and sustainability report
SCA is publishing its annual and sustainability report for 2022 today. The report sets out how, as Europe's largest private forest owner with the forest as the core of its business, SCA creates stable and profitable value growth over time. The report also covers SCA's high degree of self-sufficiency and investment programme in northern Sweden and the Baltics.
Notice convening the Annual General Meeting 2023
Notice is given to the Shareholders of Svenska Cellulosa Aktiebolaget SCA (”SCA”), Reg. No. 556012-6293,of the Annual General Meeting of Shareholders to be held on Thursday, March 30, 2023, at 1.00 p.m. in Sundsvall at Clarion Hotel Sundsvall (registration from 11.30 a.m.)
Year-end Report for SCA 2022
January–December 2022 compared with January–December 2021
Invitation to SCA’s Q4 2022 press conference January 27, 2023, 10:00 CET
The press conference, which will be held in connection with the publication of SCA's report for the fourth quarter 2022, can be followed via webcast or telephone.
SCA acquires wind farm in Markbygden
SCA has acquired its first wind farm with the purchase of 36 wind turbines in Markbygden in Piteå municipality, northern Sweden. The acquisition is in line with the company’s previously stated goal of becoming one of the Sweden’s leading providers of fossil-free electricity generated by wind power. Twenty per cent of Sweden's installed wind power capacity is currently located on land owned by SCA.
Invitation to Capital Markets Day
SCA hereby invites you to a virtual Capital Markets Day for investors, analysts and media on November 25, 2022 at 13.00 CET.
SCA and Holmen to conduct feasibility study for new sawmill
SCA and Holmen have today agreed to conduct a feasibility study regarding a potential new jointly owned sawmill in Rundvik, Nordmaling municipality in Västerbotten. A new sawmill in Norrland with high production capacity would increase the value of forest assets in the long term.
SCA to establish new renewable energy reporting segment
SCA will introduce a new reporting segment – Renewable Energy – from January 1, 2023. The decision is in line with SCA’s stated ambition to grow and realise business opportunities in the renewable energy sector.
SCA’s Interim Report Q3 2022
January–September 2022 compared with January–September 2021 · Net sales increased 13% to SEK 15,921m (14,059), which was mainly related to higher selling prices in all product areas. · EBITDA increased 30% to SEK 8,213m (6,303). The increase was mainly attributable to higher selling prices in all product areas. Cost increases were largely offset through good control over SCA’s own value chain with a high degree of self-sufficiency in wood and energy. EBITDA margin increased to 51.6% (44.8). · Operating profit increased to SEK 7,052m (5,226). · Operating cash flow increased to SEK 4,958m (3,453) and fully financed ongoing strategic investments. · Earnings per share was SEK 7.85 (5.68)
Invitation to SCA’s Q3 2022 press conference
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2022, will be available via webcast or by phone.
Interim Report Q2 2022
January–June 2022 compared with January–June 2021 Net sales amounted to SEK 10,914m (8,982). The increase was mainly attributable to high demand for SCA’s products, higher selling prices and increased sales to core markets. Through its own logistics company, SCA has a unique control over logistics from the forest to the customer, which has benefited delivery reliability in a turbulent period.
SCA updates MTN program and publishes prospectus
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. Up to and including July 15, 2022 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.
Invitation to SCA’s Q2 2022 press conference
The press conference, held in connection with the publication of SCA’s interim report for the second quarter of 2022, will be available via webcast or by phone.
Interim Report Q1 2022
Press release
SCA’s Annual General Meeting 2022
The 2022 Annual General Meeting of SCA was held on March 31, 2022. In order to reduce the risk of spreading covid-19, the Meeting was held by postal voting, in accordance with temporary legislation.
Invitation to SCA’s Q1 2022 press conference April 29, 2022, 10:00 CET
The press conference, held in connection with the publication of SCA’s interim report for the first quarter of 2022, will be available via webcast or by phone.
SCA to increase kraftliner prices by €100 per tonne
SCA increases the prices on white and brown kraftliner in Europe by €100 per tonne. The new price is valid from April 1, 2022.
SCA publishes 2021 annual and sustainability report
SCA today publishes its annual and sustainability report for 2021. In the report, SCA describes the company's work to contribute to a fossil-free society. SCA's climate benefit in 2021 amounted to 10.5 million tonnes of carbon dioxide based on the forest's net carbon sequestration, substitution effect and reduced fossil emissions.
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
Notice convening the Annual General Meeting 2022
Notice is given to the Shareholders of Svenska Cellulosa Aktiebolaget SCA (”SCA”), reg. no. 556012-6293, of the Annual General Meeting of Shareholders to be held on Thursday, March 31, 2022
SCA appoints new CFO
SCA has appointed Andreas Ewertz as its new CFO. Ewertz has worked at SCA since 2017, where he has been responsible for investor relations and served as head of business control for business areas Publication Paper and Pulp, respectively.
Sofia Haga appointed General Counsel of SCA
Sofia Haga has been appointed General Counsel of SCA effective August 8, 2022. Haga will be a member of SCA’s Executive Management Team. She succeeds acting General Counsel Jan Svedjebrant.
Year-end Report 2021
January–December 2021 compared with January–December 2020 Net sales amounted to SEK 18,822m (18,410). The discontinuation of the publication paper operations in the first quarter of 2021 (see page 5) and the divestment of Wood Supply UK in the fourth quarter of 2020 (see page 7) had a negative impact on sales.
SCA’s Christmas gifts to Cancer Research Foundation, vaccine and support to the youth
SCA’s Christmas gift to the company’s employees in 2021 was a donation of 1.5 MSEK to four recipients.
Invitation to SCA’s Q4 2021 press conference January 28, 2022, 10:00 CET
The press conference, held in connection with the publication of SCA’s interim report for the fourth quarter of 2021, will be available via webcast or by phone.
SCA to increase NBSK price
SCA will increase the price on NBSK pulp (Northern Bleached Softwood Kraft) in Europe by 40 USD per tonne from January 2022. The new price will be 1,300 USD.
SCA to increase kraftliner prices by €50 per tonne
SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from December 1, 2021.
Interim Report Q3 2021
January-September 2021 compared with January-September 2020 Net sales amounted to SEK 14,059m (13,818). The increase was primarily attributable to higher selling prices in all product areas. The discontinued publication paper operations (see page 5) and the divestment of Wood Supply UK (see page 7) had a negative impact on sales.
Jan Svedjebrant appointed acting General Counsel of SCA
Jan Svedjebrant has been appointed acting General Counsel of SCA effective December 1, 2021
Invitation to SCA’s Q3 2021 press conference October 29, 2021, 10:00 CET
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2021, will be available via webcast or by phone.
SCA and St1 enter joint venture to produce and develop liquid biofuels
Joint press release from SCA and St1 SCA and St1 have entered a joint venture to produce and sell liquid biofuels. SCA will supply tall oil to the joint venture and will invest approximately SEK 0.6 billion in the company. SCA and St1 will be equal shareholders of the joint venture, which will itself have a 50% share in the St1 Gothenburg Biorefinery, which is now making an investment in a biorefinery with total capacity of 200,000 tonnes of liquid biofuels, estimated to a total investment cost of SEK 2.5 billion. The new biorefinery will be operational in Q2 2023.
SCA to increase kraftliner prices by € 50 per tonne
SCA increases prices on brown and white kraftliner by € 50 per tonne in Europe. The new prices are valid from October 1, 2021.
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
Interim Report Q2 2021
January-June 2021 compared with January-June 2020
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
SCA to increase kraftliner prices by € 50 per tonne
SCA increases prices on brown and white kraftliner by € 50 per tonne in Europe. The new prices are valid from August, 1, 2021.
Invitation to SCA’s Q2 2021 press conference July 23, 2021, 10:00 CET
The press conference, held in connection with the publication of SCA’s interim report for the second quarter of 2021, will be available via webcast or by phone.
SCA has issued green bonds amounting to SEK 1.5 billion
On June 14, Svenska Cellulosa Aktiebolaget SCA (publ) (”SCA”) issued green bonds totalling SEK 1.5 billion under its MTN-Programme and the recently established Green Bond Framework.
SCA invests in pellet mill to improve environmental performance
SCA invests SEK 50m to reduce environmental impact from its Härnösand pellet mill and to reduce discomforts for neighbours. The investments comprise among other items a wet electrical filter. The whole project will be operational by the summer 2022.
SCA updates MTN program and publishes prospectures
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a so-called Medium Term Note program (MTN) with a framework loan amount of SEK 8 billion.
Interim Report Q1 2021
SCA decided in September 2020 to discontinue its publication paper operations in line with the communicated strategy for profitable growth. During the quarter, SCA closed the three remaining publication paper machines at the Ortviken site. Measures continue to be taken to avoid the spread of Covid-19. The pandemic has not had any significant effects on production.
Conversion of shares
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
SCA to increase kraftliner prices by €50 per tonne
SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from June 1, 2021.
SCA’s Annual General Meeting 2021
The Annual General Meeting of SCA was held today, April 15, 2021. In order to reduce the risk of spreading covid-19, the Meeting was held by postal voting, in accordance with temporary legislation.
SCA’s Christian Kugge to receive the Gunnar Sundblad Research Foundation award of SEK 700,000
Christian Kugge of the SCA R&D Centre is to receive the Competence Development Award for 2021 from the Gunnar Sundblad Research Foundation. He is being awarded the prize for his ambition to enhance the efficiency of the process to convert lignin from the forest into high added-value chemicals.
SCA appeals Land and Environmental Court ruling and harvesting ban
In February 2021, the Land and Environmental Court in Östersund upheld an appeal from the Skydda Skogen (Protect the Forest) association regarding a number of harvesting notifications on SCA land in Jämtland and Härjedalen. The Court also found in favor of a harvesting ban at the harvesting sites in question. SCA is now appealing this ruling to the Supreme Land and Environmental Court.
Invitation to SCA’s Q1 2021 press conference April 30, 2021, 10:00 CET
The press conference, held in connection with the publication of SCA’s interim report for the first quarter of 2021, will be available via webcast or by phone.
SCA publishes Annual Report for 2020 with long-term sustainability targets
SCA has today published the company’s Annual Report for the year 2020. The report presents for the first time long-term targets for the company’s sustainability performance. SCA also presents its program for preserving the biodiversity in the company’s forests.
Notice of the SCA Annual General Meeting 2021
Shareholders of Svenska Cellulosa Aktiebolaget SCA (“SCA”), Reg. No. 556012-6293, are hereby invited to the Annual General Meeting (AGM) to be held on Thursday, April 15, 2021.
SCA closes its last publication paper machine
Thursday February 25, at 7.07 am, SCA closed permanently paper machine LWC4 at Ortviken paper mill. With this, SCA’s all production of publication paper has come to an end.
SCA to increase kraftliner prices by €50 per tonne
SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from April 1, 2021.
SCA closes paper machine
In night of February 4, SCA permanently closed the paper machine LWC1 at Ortviken paper mill.
Interim Report Q4 2020
OCTOBER 1 – DECEMBER 31, 2020
SCA stops PM5 at Ortviken paper mill
Wednesday January 20, 2021, the last roll of paper was produced on SCA’s paper machine 5 at Ortviken paper mill in Sundsvall.
Invitation to SCA’s Q4 2020 press conference January 29, 2021, 10:00 CET. Please observe - change of time
The press conference, held in connection with the publication of SCA’s interim report for the fourth quarter of 2020, will be available via webcast or by phone.
SCA’s Christmas gifts to Cancer Research Foundation, BRIS and Médecins sans frontiers
SCA’s Christmas gift to the company’s employees in 2020 was a donation of SEK 1.5 MSEK to three recipients. Cancer Research Foundation Northern Sweden received the largest donation.
SCA to increase Kraftliner price by €50 per tonne
SCA will increase the price of White and Brown Kraftliner by €50 per tonne. The new price is valid for deliveries from February 1, 2021.
Invitation to SCA’s Q4 2020 press conference January 29, 2021, 09:00 CET
The press conference, held in connection with the publication of SCA’s interim report for the fourth quarter of 2020, will be available via webcast or by phone.
SCA increases pulp price to $ 960
SCA increases the price on bleached softwood kraft pulp, NBSK, to $ 960 per tonne.
SCA changes Paper to Containerboard
SCA is changing the name of its business area Paper to business area Containerboard as of January 1, 2021. Following the discontinuation of its publication paper operations during the first quarter, SCA’s paper production will consist solely of packaging paper, a product with a stable and growing demand.