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Search Results for: setra

Potential divestment of Setras´s sawmill in Malå
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Potential divestment of Setras´s sawmill in Malå
February 13, 2025

During 2025, Setra will investigate the possibilities of divesting the sawmill in Malå. A divestment is expected to contribute to Setra’s opportunities to further strengthen its position in Central Sweden, where the company’s raw material supply is expected to improve in the coming years. During 2024, Setra took major steps in an extensive upgrade of the[…]

Setra appoints new CFO
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Setra appoints new CFO
August 20, 2024

Johanna Lindén will assume the role of CFO at the wood industry company Setra on 16 September. She has extensive experience in the wood industry and most recently held the position of CFO, Strategy and IT Manager at Södra Wood. “I am very much looking forward to working with Johanna and warmly welcome her to[…]

Setra Group invests in TC kilns from Valutec to two Swedish sawmills
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Setra Group invests in TC kilns from Valutec to two Swedish sawmills
May 18, 2022

Just under two years ago, Setra Hasselfors became the first sawmill within the Setra Group to invest in Valutec TC drying technology. Now they are investing in new TC wood drying kilns for both Hasselfors and the sawmill in Heby, both located in Sweden. “The properties of the TC continuous kiln fit well into the[…]

Setra Skinnskatteberg invests in a new saw line
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Setra Skinnskatteberg invests in a new saw line
November 4, 2021

The wood industry company Setra invests in a new saw line for small diameter logs at the company’s facility in Skinnskatteberg. The investment provides major efficiency improvements and increased resource utilization. Setra’s board has decided on an investment in a new saw line for small diameter logs at Skinnskatteberg’s sawmill. The investment in the new saw line, including additional[…]

Setra sells Rolfs saw to Stockhult Holding
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Setra sells Rolfs saw to Stockhult Holding
November 5, 2020

The wood industry company Setra has entered into an agreement regarding the sale of Rolf’s sawmill in Kalix to Stockhult Holding. Stockhult is, among other things, the owner of a sawmill in Glommersträsk and intends to resume operations in Rolf’s sawmill. In 2019, Setra closed down the sawmill operations in Rolfs. The company has now entered into[…]

Setra reports FY 2018 operating profit of SEK 310 million ($34.4 million)
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Setra reports FY 2018 operating profit of SEK 310 million ($34.4 million)
January 31, 2019

Wood products company Setra is reporting an operating profit of SEK 310 million ($34.4 million) for 2018. This figure includes non-recurring items of SEK -45 million ($34.4 million). Net sales totalled SEK 4,480 million ($498 million). “We’re reporting an operating profit, adjusted for non-recurring items, of SEK 355 million ($39.4 million) for 2018, which is[…]

Setra reports 3Q operating profit of SEK 54 million ($6 million)
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Setra reports 3Q operating profit of SEK 54 million ($6 million)
October 19, 2018

Wood products company Setra is reporting an operating profit of SEK 287 million ($31.9 million) for the period January–September 2018. Net sales totalled SEK 3,325 million ($369.4 million). Operating profit for the 3Q amounted to SEK 54 million ($6 million), with net sales of SEK 966 million ($107.3 million). “We’re reporting an operating profit for[…]

Setra invests in a new trim saw and planing machine in Hasselfors | 25 Oct 2017
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Setra invests in a new trim saw and planing machine in Hasselfors | 25 Oct 2017
October 25, 2017

Wood products company Setra is investing in a new trim saw with integrated planing machine at its mill in Hasselfors. The investment is expected to deliver major efficiency gains and help to strengthen Setra’s position in the global construction market. Setra’s Board has decided to invest in a new trim saw with integrated planing machine[…]

Setra initiates process of selling its operation in Kalix, Sweden | 10 October 2017
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Setra initiates process of selling its operation in Kalix, Sweden | 10 October 2017
October 10, 2017

Setra has set in motion the sale of its operation in Rolfs, Kalix, Sweden, as the company said in the press release received by Lesprom Network. Hannele Arvonen, Setra’s President and CEO, comments: “We are focusing on increasing the synergies within the Group as a means of improving our long-term competitiveness. The level of integration[…]

Pyrocell has started production
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Pyrocell has started production
November 4, 2021

Production is now underway at Pyrocell’s plant in Gävle. The new and groundbreaking factory is turning sawdust into bio-oil. Jointly owned by Setra and Preem, Pyrocell was formed in 2018 based on the business concept of producing bio-oil from sawdust. Production at the groundbreaking plant – Sweden’s first pyrolysis oil plant for biofuels – is[…]

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