Ivar Kreuger

SCA invests in pellet mill to improve environmental performance

Retrieved on: 
Monday, May 31, 2021

STOCKHOLM, May 31, 2021 /PRNewswire/ -- SCA invests SEK 50m to reduce environmental impact from its Hrnsand pellet mill and to reduce discomforts for neighbours.

Key Points: 
  • STOCKHOLM, May 31, 2021 /PRNewswire/ -- SCA invests SEK 50m to reduce environmental impact from its Hrnsand pellet mill and to reduce discomforts for neighbours.
  • SCA will make technical measurements to confirm improved performance after the project is finished, but an important contribution will be the input from a local "odour panel", that SCA will engage during the project.
  • In addition to this, a project is run to further improve the treatment of process and surface water.
  • 2020 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 18.4 bn.

Interim Report Q1 2021

Retrieved on: 
Friday, April 30, 2021

EBITDA margin increased to 32.6% (21.5), the higer level was mainly related to the discontinued publication paper operations.\nNet sales decreased by 9% to SEK 4,172m (4,592).

Key Points: 
  • EBITDA margin increased to 32.6% (21.5), the higer level was mainly related to the discontinued publication paper operations.\nNet sales decreased by 9% to SEK 4,172m (4,592).
  • The change was mainly attributable to the discontinued publication paper operations and the divestment of Wood Supply UK.\nEarnings for the first quarter of 2021 were in line with the preceding quarter and represent a significant improvement on the year-earlier quarter.
  • Following the discontinuation of publication paper operations, SCA is focused on growth in all product areas.\nThe supply of wood to SCA's industries was stable during the quarter.
  • Global inventory levels were normal.\nDemand for kraftliner was highly favorable during the quarter, driven by higher box demand.

Swedish Match publishes annual report for 2020

Retrieved on: 
Tuesday, March 16, 2021

STOCKHOLM, March 16, 2021 /PRNewswire/ -- Swedish Match's annual report for 2020 has been published and is available at the Group's website.

Key Points: 
  • STOCKHOLM, March 16, 2021 /PRNewswire/ -- Swedish Match's annual report for 2020 has been published and is available at the Group's website.
  • The annual report describes Swedish Match's operations, strategy and financial development and is available to download at www.swedishmatch.com/annual-report-2020/ .
  • This information is information that Swedish Match AB (publ) is obliged to make public pursuant to the Securities Markets Act.
  • The information was submitted for publication at 3.00 p.m. CET on March 16, 2021.

Sweeping Corporation of America Accelerates National Growth Trajectory with Record Nine Acquisitions in 2020

Retrieved on: 
Wednesday, January 13, 2021

"As we look back at our 2020 performance, we are proud of the growth that we have achievedthis year," said Christopher Valerian, President & CEO, Sweeping Corporation of America.

Key Points: 
  • "As we look back at our 2020 performance, we are proud of the growth that we have achievedthis year," said Christopher Valerian, President & CEO, Sweeping Corporation of America.
  • He added, "In addition to our growth, I cannot say enough about the dedication of our customer-focused employees.
  • In December, SCA completed five additional acquisitions including Total Asphalt Services, Clean Sweep, Buckeye Sweeping, US Sweeping, and C&J Parking Lot Sweeping.
  • Headquartered in Cleveland, OH, Sweeping Corporation of America (SCA) is the largest power sweeping services company in the United States.

Valmet to supply new flash drying and baling line and CTMP rebuild to SCA Ortviken mill in Sweden

Retrieved on: 
Tuesday, December 15, 2020

"We are very excited to collaborate with SCA and to be selected as partner for this conversion of the Ortviken mill to CTMP pulp production.

Key Points: 
  • "We are very excited to collaborate with SCA and to be selected as partner for this conversion of the Ortviken mill to CTMP pulp production.
  • "Both SCA and Valmet are built on a long industrial history and our joint efforts go back to year 1930 when SCA's strand mill was built in Sundsvall, Sweden.
  • The flash drying line includes two high consistency output TwinRoll presses for dewatering, Slab presses for bale forming and a baling line with a Wrapper applyer using paper as wrapping.
  • Valmet and SCA have together developed a concept to produce CTMP at best possible operating expense using a combination of existing and new equipment.

Renewcell establishes textile recycling at SCA's industrial site Ortviken

Retrieved on: 
Friday, October 2, 2020

STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- SCA and the textile recycling company Renewcell have signed an agreement for Renewcell to establish textile recycling at SCA's industrial site Ortviken in Sundsvall.

Key Points: 
  • STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- SCA and the textile recycling company Renewcell have signed an agreement for Renewcell to establish textile recycling at SCA's industrial site Ortviken in Sundsvall.
  • "We are glad that Renewcell chooses Ortviken as the site for this investment," says Ulf Larsson, SCA's President.
  • "We know that Ortviken is a very attractive industrial site with excellent infrastructure, including first class logistic solutions."
  • SCA has also started the investment to produce chemically pretreated thermomechanical pulp, CTMP, on the site.

SCA issues bonds for SEK 2.5 billion

Retrieved on: 
Thursday, September 17, 2020

STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- On Wednesday September 16, 2020, Svenska Cellulosa Aktiebolaget SCA (publ) issued new bonds under the companys' Medium Term Note programme (MTN).

Key Points: 
  • STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- On Wednesday September 16, 2020, Svenska Cellulosa Aktiebolaget SCA (publ) issued new bonds under the companys' Medium Term Note programme (MTN).
  • The total issuance amounted SEK 2.5 billion, of which SEK 1.3 billion with a 5 year maturity with fixed and floating rates, and SEK 1.2 billion with a seven year maturity with fixed rates.
  • The proceeds from the bond issue will be used for general corporate purposes, including the re-financing of outstanding bonds and other short term debt.
  • 2019 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 19.6 bn.

SCA to acquire 13,000 hectares of forest land in Latvia

Retrieved on: 
Tuesday, September 15, 2020

STOCKHOLM, Sept. 15, 2020 /PRNewswire/ -- SCA has signed an agreement to acquire forest land in Latvia.

Key Points: 
  • STOCKHOLM, Sept. 15, 2020 /PRNewswire/ -- SCA has signed an agreement to acquire forest land in Latvia.
  • The acquisition comprises an area of 19,150 hectares, of which 13,100 is forest land.
  • Some areas of the acquired land that are not forest land, will be divested.
  • SCA has so far acquired 30,000 hectares of forest land in Estonia and Latvia.

SCA intends to invest in pulp production and initiates consultations to discontinue publication paper

Retrieved on: 
Wednesday, August 26, 2020

In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue the production of publication paper at the mill.

Key Points: 
  • In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue the production of publication paper at the mill.
  • SCA intends to invest to achieve an annual production volume of 300,000 tonnes of CTMP pulp at Ortviken, using the existing infrastructure.
  • SCA today has a production capacity of 100,000 tonnes of CTMP pulp at the strand pulp mill.
  • Currently, SCA produces coated and uncoated publication paper on three paper machines at Ortviken paper mill with annual sales of approximately SEK 4bn.

SCA Sweeping Corporation of America Buys Sweeping South and Accusweep in South Carolina

Retrieved on: 
Monday, August 3, 2020

CLEVELAND, Aug. 3, 2020 /PRNewswire/ --SCA Sweeping Corporation of America ("SCA"), the largest power sweeping company in the United States, has acquired Moncks Corner, South Carolina-based Sweeping South, Inc. ("Sweeping South") and Columbia, South Carolina-based Accusweep Services, Inc. ("Accusweep").With these transactions, SCA now has over 1,000 employees in its 35 locations throughout the eastern half of the United States.

Key Points: 
  • CLEVELAND, Aug. 3, 2020 /PRNewswire/ --SCA Sweeping Corporation of America ("SCA"), the largest power sweeping company in the United States, has acquired Moncks Corner, South Carolina-based Sweeping South, Inc. ("Sweeping South") and Columbia, South Carolina-based Accusweep Services, Inc. ("Accusweep").With these transactions, SCA now has over 1,000 employees in its 35 locations throughout the eastern half of the United States.
  • About SCA:Headquartered in Cleveland, Ohio, SCA is the largest power sweeping services company in the United States.
  • SCA self-performs power sweeping for highways, streets, industrial and commercial applications for both private and government entities.
  • About Sweeping South:Formerly owned by Nicki and Don Knapp, Sweeping South opened its doors in 2001 and has become the Charleston, South Carolina, area's leading power street and parking lot sweeping services company.