- CEO
- Ivar Andreas Vatne
- Full Time Employees
- 5,626
- Sector
- Process industries
- Industry
- Pulp & paper
- Address
- Evenemangsgatan 17 Solna AB Sweden 169 27
- IPO Date
- Nov 20, 2001
- Business
- BillerudKorsnäs AB (publ) is a Sweden-based company specializing in the manufacture and supply of renewable packaging materials and paper products, with operations spanning Europe and North America. The company offers a broad range of core products including primary fiber-based kraft and sack packaging paper used for building materials, chemicals, food-grade bags, and shopping bags; high-quality liquid packaging board and carton board for consumer goods and beverages; and corrugated container board designed for strength, hygiene, and printability. BillerudKorsnäs also provides logistics and packaging solutions services, helping customers optimize packaging design, sustainability, production, and transport efficiency using its proprietary materials.
Founded in 2012 and headquartered in Solna, Stockholm, BillerudKorsnäs serves customers across over 100 countries and targets brand owners, converters, and packaging partners in various industries requiring sustainable, strong, and lightweight packaging. The company emphasizes sustainability and innovation, demonstrated by recent introductions of recyclable cartonboard grades—CrownBoard Carry and CrownBoard Light—that focus on strength and moisture resistance to meet evolving market demands for environmentally friendly packaging.
Recent major developments include a cost savings program targeting SEK 800 million in annualized savings through 2026, ongoing strategic investments particularly in North American operations to support growth in packaging materials, and the acquisition of Tenova Bioplastics AB to enhance expertise in renewable packaging solutions. BillerudKorsnäs maintains solid financial health with strong cash conversion and has adjusted capital expenditures to SEK 2.9 billion in 2025 and 2026 to fund its strategic growth agenda. It also continues to expand its product portfolio and market presence, sustaining its position as a leading player in the global fiber-based packaging industry.