SCA (company)

Svenska Cellulosa AB
Publicly traded Aktiebolag
Traded as Nasdaq Stockholm: SCA B
Industry Forestry, paper
Founded 1929 (1929)
Headquarters Sundsvall, Sweden
Key people
 Pär Boman (Chairman), Ulf Larsson (President and CEO)
Products Publication paper
Sawn wood products
Wood pulp
Revenue SEK 16,664 million (end 2017)[1]
SEK 3,761 million (end 2017)[1]
Total assets SEK 56,711 million (end 2017)[1]
Total equity SEK 36,753 million (end 2017)[1]
Number of employees
 4,000 (15 June 2017)[2]
Website www.sca.com

Svenska Cellulosa AB (SCA, English: Swedish Cellulose Company) is a Swedish timber, pulp and paper manufacturer with headquarters in Sundsvall.[3] It has approximately 4,000 employees and a turnover of approximately SEK 15.4 billion (€1.6 billion). Its main products include publication papers, solid-wood products, pulp and forest-based biofuel. SCA is Europe's largest private owner of forest land, with 2.6 million hectares, the size of Macedonia.

The global hygiene product company Essity was part of SCA until 2017.

History

SCA was founded by Ivar Kreuger in 1929 as a holding company for ten Swedish forest industry companies. Following Kreuger's bankruptcy in 1932, the company came to be controlled by the bank Handelsbanken, who along with associated funds and companies continue to control SCA. Axel Gustaf Torbjörn Enström was the managing director from 1950 to 1960 and chairman of the board from 1960 to 1965.[4]

In 1975 SCA acquired Mölnlycke Health Care, a leading western European producer of disposable hygiene products, and in 1990 SCA acquired transport packaging company Reedpack. In 1995 the Germany-based paper and packaging company PWA was acquired. In 2001 the division Wisconsin Tissue of the United States company Georgia-Pacific Tissue was acquired. In 2004 SCA acquired the tissue and hygiene products businesses of Carter Holt Harvey from International Paper.

In 2007, SCA bought the European business of Procter & Gamble, significantly expanding its hygiene product business.

In 2008 SCA increases ownership in Chinese tissue company Vinda

In 2012 SCA divested its packaging operations – excluding the two kraftliner mills in Sweden – to DS Smith

In August 2015 it was announced that SCA to invest in increased capacity for mass production at the Östrand pulp mill in Timrå, Sweden. The annual production capacity of bleached sulphate pulp will increase from approximately 430 000 tonnes to 900 000 tonnes. The investment amounts to approximately SEK 7.8 billion (€815m) and is expected to be one of the largest industrial investment in the history of Norrland.[5]

In August 2015 it was announced that SCA's hygiene operations and forest operations will be divided into two different divisions. A year later, August 24, 2016, the Company announced that it intends to split the SCA in two listed companies. In 2017 the company Essity was formed and was introduced at the Stock Exchange in Stockholm.

Products and brands

  • Containerboard[6]
  • Publication papers: LWC paper, uncoated offset and newsprint[7]
  • Pulp: Star, Celeste [8]
  • Solid-wood products[9]
  • Forest-based biofuel and wind power: unrefined fuels (slash, bark, sawdust, peat), refined fuels (pellets under the bionorr pellets brand and briquettes) and wind energy[10]
  • Forests[11]

See also

References

  1. 1 2 3 4 "Annual Report 2016". Svenska Cellulosa Aktiebolaget. Retrieved 10 March 2017.
  2. ↑ "Annual Report 2016". Svenska Cellulosa Aktiebolaget. Retrieved 10 March 2017.
  3. ↑ "Addresses Archived 2011-05-25 at Archive.is." (Search "Headquarters" and "Sweden"). Svenska Cellulosa Aktiebolaget. Retrieved on November 15, 2013. "Headquarters SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) SE -851 88 SUNDSVALL Sweden Skepparplatsen 1"
  4. ↑ "Svenska Cellulosa Aktiebolaget (SCA)". Hoovers. 2008. Retrieved 2008-10-13. That year Axel Enstrom became the president of SCA and began to consolidate the operations of its subsidiaries, creating a single forest company by 1954.
  5. ↑ Paper, EUWID Pulp and. "SCA to split the group in two divisions and invest in NBSK pulp capacity at Östrand mill - EUWID Pulp and Paper". www.euwid-paper.com. Retrieved 24 September 2017.
  6. ↑ "Containerboard - Made from Kraftliner paper". SCA. 2011-02-25. Archived from the original on 2014-02-10. Retrieved 2014-02-17.
  7. ↑ Archived January 25, 2007, at the Wayback Machine.
  8. ↑ "Pulp - SCA produces softwood sulphate pulp". SCA. 2008-10-09. Retrieved 2014-02-17.
  9. ↑ "Solid-wood products - House building, home furnishing and more". SCA. 2013-10-06. Archived from the original on 2014-02-19. Retrieved 2014-02-17.
  10. ↑ "Forest-based biofuel, peat, pellets & wind power". SCA. 2013-11-18. Archived from the original on 2008-04-23. Retrieved 2014-02-17.
  11. ↑ "Forests - Forest products & forest management at SCA". Sca.com. 2013-10-06. Archived from the original on 2007-02-21. Retrieved 2014-02-17.
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