Svenska Cellulosa SCA AB to Invest in Obbola Kraftliner Mill Conference Call Transcript
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So good morning, everyone. This is Ulf Larsson, CEO of SCA speaking. I'm happy to invite you all to this press conference as SCA has earlier this morning announced that we are going to build a new paper machine for the production of kraftliner in Obbola. The annual production in Obbola will be this investment increase from current level of 450,000 tonnes of kraftliner up to 725,000 tonnes. This is, of course, in order to meet an increasing demand of renewable packaging materials, and the investment amounts to SEK 7.5 billion.
So with this investment, we will continue to realize our profitable growth strategy, consisting of 2 parts: first, to grow our Forest asset; and secondly, to increase the value from each tree. And when it comes to the growth of the Forest asset, we like to continue to invest in our current Forest with intense and civil culture management, and this is, of course, in order to increase growth by that also step-by-step increase the harvesting level. And
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