Svenska Cellulosa SCA AB Background To The Intended Investment And The Proposal To Discontinue Publication Paper Production Conference Transcript

Aug 26, 2020

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Aug 26, 2020 / 08:00AM GMT
BjÃ¶rn Lyngfelt - Svenska Cellulosa Aktiebolaget SCA(publ)-SVP of Communications

Good morning, and welcome to this press conference. My name is BjÃ¶rn Lyngfelt, I'm Vice President, Communications for SCA, and we have today announced that SCA intends to invest in pulp production and initiates consultation to discontinued publication paper. And our President and CEO, Ulf Larsson; CFO, Toby Lawton; and President, Pulp, Kristina Enander, will present the reasoning behind this. And Ulf, please?

Ulf Larsson - Svenska Cellulosa Aktiebolaget SCA(publ)-President - CEO & Director

Thank you for that, BjÃ¶rn, and good morning also from my side. Most welcome to our press conference that is webcasted. So as BjÃ¶rn mentioned earlier here, we are holding this press conference as we earlier today announced that we, one, intend to invest SEK 1.45 billion in our industrial side at Ortviken in order to be able to produce 300,000 tonnes of CTMP pulp with an expected start-up during the

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