- Business
- Svenska Cellulosa Aktiebolaget SCA (publ) (SCA-A.ST) operates as a Sweden-based forest products company, managing Europe's largest private forest holdings of approximately 2.7 million hectares primarily in northern Sweden, Estonia, Latvia and Lithuania; the company produces and sells bleached softwood kraft pulp and chemi-thermomechanical pulp (CTMP) at its Ortviken and Östrand mills, kraftliner packaging paper at Munksund and Obbola mills, sawn timber and wood products including construction timber, outer panels, joists, battens, pressure-impregnated wood and innovative solutions such as SCA Curtain Wall facade systems and heat-treated Lodgepole Pine for its Wood division, wood pellets and biofuels via SCA Bionorr, renewable energy through wind power projects including the Fasikan Wind Farm, forestry services for private owners and logistics solutions encompassing marine transport with RoRo vessels, rail, road and terminals such as the expanded Port of Sundsvall container facility and new sites in Rochefort, France. Founded in 1929 and headquartered in Sundsvall, SCA serves building materials trades, packaging and pulp customers across Sweden, France, the United States, Germany, the United Kingdom, the rest of Europe, Asia and other international markets through its five segments of Forest, Wood, Pulp, Containerboard and Renewable Energy, with around 3,450 employees generating net sales of SEK 22.5 billion in 2024. Recent developments include signing a SEK 6 billion credit facility in 2025 to refinance prior liquidity reserves and extend debt maturity, updating its Medium Term Note program to SEK 8 billion with SEK 6.7 billion issued by mid-2025 including green bonds, securing a SEK 1 billion loan from Nordic Investment Bank in 2024 for the 333 GWh Fasikan Wind Farm set for completion in 2026 achieving 100% renewable energy self-sufficiency, ramping up the Obbola mill's new kraftliner machine and recovered fiber line toward full capacity by 2026, launching SCA Pure Smart Strap for enhanced pulp handling safety and LignoSize hydrophobic agent with partners, introducing wood packaging with 70% recycled plastic, investing in electric timber trucks and hybrid vehicles at Östrand, co-owning SweTree Technologies' somatic embryogenesis pilot for advanced seedlings, and enhancing logistics with a new Mantsinen 200 crane at Sundsvall, Tug M/S Drake icebreaker and rail transport for slash chips reducing emissions by 99%.