Svenska Cellulosa AB (OTCPK:SCABY)
$ 14.36 0.28 (1.99%) Market Cap: 10.09 Bil Enterprise Value: 10.12 Bil PE Ratio: 26.74 PB Ratio: 0.93 GF Score: 82/100

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

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

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Good morning, and welcome to this press conference. My name is Björn 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;publ;President
Svenska Cellulosa Aktiebolaget SCA;CEO & Director

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Thank you for that, Björn, and good morning also from my side. Most welcome to our press conference that is webcasted. So as Björn 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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