Search Results for: Södra

Södra has now ended the furlough scheme introduced at the sawmill and port at Mönsterås, Sweden, in April in light of reduced demand related to the ongoing pandemic. “We decided to introduce a furlough scheme because the UK was closed. The UK market is gradually re-opening and we have also identified new business opportunities, which[…]

Last year, Södra decided to invest in an additional CLT facility at Värö and aims to become a leader in the Nordic region. Project planning and procurement is ongoing and Södra has now selected Ledinek as the supplier of a new production line – from intake to pressing. The new facility will be established at[…]

Södra Wood has invested into a pilot plant for CLT production. The idea behind the pilot plant is to explore the different possibilities of the product and create a marketing and production strategy. As Södra operates their own saw mills the utilisation of different timber sizes and grades is also crucial. The line has been[…]

As part of the process to achieve its fossil-free targets by 2030, Södra is now earmarking an investment of SEK 20 million ($2.2 million) for the additional costs arising from the choice of new and sustainable transport solutions. “As one of Sweden’s largest transport purchasers, we have a major responsibility. We want to show the[…]

Södra is adjusting the purchase price for spruce and pine logs as well as fuel wood. “We are seeing a slowdown in the economy at the same time as wood supplies are high and forestry activity is intense. As a result, the market price of saw logs is declining,” the company said. “Our operating environment[…]

Södra can now offer Guarantees of Origin (GoOs) for its renewable electricity. The GoOs are recognised by the EU, following the certification of Södra’s Mönsterås pulp mill according to EU standards. “We believe in renewable energy and want to give our customers the opportunity to take advantage of our renewable electricity,” said Henric Dernegård, Energy[…]

Södra reported sustained strong operating profit of SEK 1,318 million ($149 million) for the 2Q, the best quarterly result ever. The market trend was positive for all of the company product categories and completed investments, efficiency improvements and restructuring are reflected in the result. Consolidated net sales for the 2Q rose 26% year-on-year to SEK[…]

Södra is divesting Södra Wood Kallinge and Södra Wood Umeå to the German company Sörnsen Holzleisten. The divestment date is September 1, 2018. Trade union negotiations in regard to the divestments will commence immediately. “Last year, Södra Wood Grimslöv, UAB SIWood and Södra Wood AS were sold to Sörnsen. The operations in Kallinge and Umeå[…]

In autumn 2017, 6.7 million seedlings from Södra were planted. This represents an increase of 600,000 seedlings compared with autumn planting in 2016, and 1.9 million compared with 2015. In 2017, Södra supplied a total of 36.3 million seedlings. Södra has set a record during autumn planting for the third consecutive year. Not since after[…]

Södra and Statkraft have made a decision to invest in a new demo facility for fossil-free fuel. The biofuel will be based on forest raw material and the demo facility is expected to be in operation by spring 2019. The total investment will be approximately SEK 500 million ($58.8 million). The investment will be made[…]