Displaying items by tag: sca

sca newlogoSCA, a leading global hygiene and forest products company, strengthens the cooperation with Vinda International Holdings Limited (“Vinda”) by integrating its business in South East Asia, Taiwan and South Korea into Vinda. SCA is the majority shareholder in Vinda, one of China’s largest hygiene companies.

As part of the transaction, SCA and Vinda have signed an agreement regarding the exclusive license to market and sell the SCA brands; TENA (incontinence products), Tork (Away-from-Home tissue), Tempo (consumer tissue), Libero (baby diapers), and Libresse (feminine care) in South East Asia, Taiwan and South Korea. With this agreement, Vinda will hold the rights to these product brands in these Asian markets. Vinda will acquire the brands Drypers, Dr.P, Sealer, Prokids, EQ Dry and Control Plus in these markets. SCA will continue to provide innovation and technical support for the business.

“Asia is an important growth market for SCA with a large population and low penetration of hygiene products. This transaction strengthens the collaboration between SCA and Vinda and enables us to further leverage on our strengths to build a leading Asian hygiene business” says Magnus Groth, President and CEO of SCA.

SCA has been a shareholder in Vinda since 2007, became its majority shareholder in late 2013, and has consolidated Vinda financials since the first quarter of 2014. In 2014, SCA divested its hygiene business in China (Mainland China, Hong Kong and Macau) for integration with Vinda.

SCA’s hygiene business in South East Asia, Taiwan and South Korea had net sales of approximately SEK 2.2 billion in 2014. The business has approximately 1,600 employees and three personal care production sites in Malaysia and Taiwan. The purchase consideration amounts to HKD 2.8 billion (approx. SEK 3.1 billion) on a debt-free basis.

The agreement is subject to approval by the independent shareholders of Vinda. Closing of the transaction is expected during the first quarter of 2016. Vinda is listed on the Hong Kong Stock Exchange.

As a consequence of this transaction SCA’s Shanghai office will stop to have operations. This is expected to lead to approximately SEK 90m in restructuring costs that will be recognized as an item affecting comparability in the fourth quarter of 2015.

NB: This information is such that SCA must disclose in accordance with the Securities Markets Act or the Financial Instruments Trading Act. The information was submitted for publication on October 29, 2015, at 01:00 a.m. CET.

For additional information please contact:

Linda Nyberg, VP Media Relations and Online Communications, 46 8 788 51 58
Johan Karlsson, Vice President Investor Relations, 46 8 788 51 30

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

Published in Asian News
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sca newlogoSCA a leading global hygiene and forest products company, and Wausau Paper Corp. (“Wausau Paper”) (NYSE: WPP), a North American Away-from-Home tissue company, announced today that SCA will acquire Wausau Paper for USD 10.25 per share or total consideration of USD 513 million (approximately SEK 4.2 billion) in cash. The boards of directors of both companies have unanimously approved a definitive merger agreement. The merger consideration represents a premium of 40.6% to Wausau Paper’s closing price on October 12, 2015 and a premium of 11.3% to the Wausau Paper 52 week volume weighted average price. SCA has funding available.

Wausau Paper is one of the largest Away-from-Home tissue companies in North America. With approximately 900 employees, the company manufactures and markets Away-from-Home towel and tissue products along with soap and dispensing systems through its Artisan™, DublNature®, DublSoft® and EcoSoft® brands. Wausau Paper’s advanced tissue technology with manufacturing flexibility enables it to produce its towels and tissue entirely from recycled paper, which will further contribute to SCA’s efforts to create environmentally-friendly products and extend its sustainability commitment. The combined operations will provide customers with access to a comprehensive portfolio of food service offerings and premium tissue and washroom products. Following completion of the acquisition, SCA will continue to honor Wausau Paper’s existing customer contracts and programs. 

“SCA is the world leading supplier of Away-from-Home tissue with the global brand Tork®. The acquisition of Wausau Paper is an excellent strategic fit and strengthens our presence in North America. The Wausau Paper product portfolio complements SCA’s offerings in North America and gives us access to premium tissue in that region. We expect the acquisition to generate benefits for SCA and our customers,” says Magnus Groth, President and CEO, SCA.

“Our Board has undertaken a thorough process to explore all of Wausau Paper’s options and has determined SCA’s offer creates substantial value and is in the best interests of the company and its shareholders. This transaction is a testament to our talented team of employees and the strong, focused company that they have worked to create. Our customers will benefit from expanded products and services from a company that shares similar values around customer service and sustainability,” says Michael C. Burandt, Chairman and CEO of Wausau Paper.

Wausau Paper’s reported sales for the first half year 2015 amounted to USD 175 million (SEK 1.5 billion), EBITDA of USD 32 million (SEK 268 million) and operating profit of USD 11 million (SEK 94 million). Wausau Paper’s reported sales in 2014 amounted to USD 352 million (SEK 2.4 billion), EBITDA of USD 38 million (SEK 263 million) and operating profit of USD -3 million (SEK -19 million). On a pro forma basis, giving effect to the acquisition, SCA’s sales for the full year 2014 would have increased from SEK 104.1 billion to SEK 106.5 billion. Pro forma operating profit for the full year 2014, excluding items affecting comparability, would have been on a similar level and amounted to approximately SEK 11.8 billion.

“This acquisition will benefit customers by providing access to the superior sales, service, innovation and logistics that the combined business can provide. It will expand SCA’s premium tissue and washroom assortment and give Wausau Paper customers the ability to purchase products from SCA’s industry-leading food service offerings - in essence offering customers a ‘one-stop shop’ for all professional hygiene needs. Furthermore, we look forward to welcoming Wausau Paper’s employees to the SCA family,” says Don Lewis, President, SCA Americas.

The acquisition is expected to generate annual synergies amounting to approximately USD 40 million with full effect three years after closing. Synergies are expected in sourcing, production, logistics, reduced imports, increased volumes of premium products and reduced SG&A costs. The restructuring costs are expected to amount to approximately USD 50 million.

The completion of the transaction is subject to Wausau Paper shareholder and regulatory approvals. The Wausau Paper board will recommend that its shareholders vote in favor of the acquisition by SCA. Closing is expected to take place during Q1 2016.

BofA Merrill Lynch is serving as financial advisor to SCA and Morgan, Lewis & Bockius LLP is serving as SCA's legal advisor. Evercore Group LLC is serving as financial advisor to Wausau Paper and Shearman & Sterling LLP is serving as Wausau Paper’s legal advisor.

Caution Regarding Forward Looking Statements:

This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission, or SEC. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including our statements relating to the proposed acquisition and its anticipated benefits if consummated, are forward-looking statements. These forward-looking statements are based on assumptions which we believe are reasonable based on current expectations and projections about future events and industry conditions and trends affecting our business. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that, among other things, could cause actual results to differ materially from those contained in the forward-looking statements, including the risk factors described in Wausau Paper’s reports with the SEC, including Wausau Paper’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and the following:

Proposed Acquisition Risks and Uncertainties

•       SCA’s business and the business of Wausau Paper may not be integrated successfully or such integration may be more difficult, time-consuming or costly than expected;
•       Expected combination benefits from the proposed acquisition may not be fully-realized or realized within the expected time frame;
•       Wausau Paper’s shareholders may not approve the acquisition;
•       The regulatory approvals and any other required approvals in connection with the acquisition may not be obtained on the proposed terms or on the anticipated schedule;
•       Revenues following the acquisition may be lower than expected; and
•       Operating costs, customer loss and business disruption, including difficulties in maintaining relationships with employees, customers, clients or suppliers, may be greater than expected following the acquisition.

New factors that could cause actual results to differ materially from those described in forward-looking statements emerge from time to time, and it is not possible to predict all such factors, or the extent to which any such factor or combination of factors may cause actual results to differ from those contained in any

forward-looking statement. We assume no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise. 

Additional Information:

This communication may be deemed solicitation material in respect of the proposed acquisition of Wausau Paper by SCA. In connection with the proposed acquisition, Wausau Paper plans to file with the SEC and furnish to its shareholder a proxy statement and other relevant documents. Wausau Paper’s shareholders are urged to read the proxy statement when it becomes available and any other documents to be filed with the SEC in connection with the proposed acquisition or incorporated by reference in the proxy statement because they will contain important information about the proposed acquisition. Such proxy statement, when it becomes available, can be obtained for viewing, printing, and downloading from Wausau Paper’s website at www.wausaupaper.com. Other SEC filings containing information about each party to the proposed merger transaction can be obtained for viewing, printing, and downloading (without charge) at the SEC’s internet site (http://www.sec.gov). Wausau Paper will furnish to any of its shareholders (without charge) a copy of the proxy statement and the filings with the SEC that will be incorporated by reference therein, when the documents become available, upon written or oral request to the Secretary, Wausau Paper Corp., 100 Paper Place, Mosinee, WI 54455.

The directors and executive officers of each party may be deemed to be participants in the solicitation of proxies from Wausau Paper’s shareholders in respect of the proposed acquisition.  Information regarding the directors and executive officers of Wausau Paper is currently available in its proxy statement for its 2015 annual meeting of shareholders filed with the SEC by Wausau Paper on April 10, 2015. Information regarding the directors and executive officers of SCA is currently available on its website at www.sca.com/en/About_SCA/Corporate_Governance/. Other information regarding the participants in such proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials that will be filed by Wausau Paper with the SEC when they become available.

Any information concerning Wausau Paper contained in this document has been taken from, or is based upon, publicly available information. Although we do not have any information that would indicate that the information contained in this document that has been taken from such documents is inaccurate or incomplete, we do not take any responsibility for the accuracy or completeness of such information.

NB: This information is such that SCA must disclose in accordance with the Swedish Securities Markets Act or the Financial Instruments Trading Act. Submitted for publication on October 13, 2015, at 08:00 CET.

About SCA

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. More information at www.sca.com.

About Wausau Paper

Wausau Paper produces a complete line of Away-from-Home towel and tissue products that are marketed along with soap and dispensing system products under a number of brands including Artisan, DublSoft, DublNature, EcoSoft, and related custom brands. Wausau Paper is listed on the NYSE under the symbol WPP. To learn more about Wausau Paper, visit wausaupaper.com.

Published in North American News
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sca newlogoGordana Landén, SCA’s Senior Vice President Human Resources and member of the Executive Management Team, will resign from her position at SCA to assume a new role in a global listed company.

“SCA is a leading global hygiene and forest products company where, for the past eight years, Gordana Landén has played a significant role in the development of a global HR organization and strategies to support the business. I would like to thank Gordana for her time at SCA and wish her all the best in her new role,” says Magnus Groth, President and CEO of SCA.

Gordana Landén will leave SCA in October 2015. The recruitment process for her successor is under way.

NB: This information is such that SCA must disclose in accordance with the Securities Markets Act or the Financial Instruments Trading Act. Submitted for publication on September 10, 2015, at 08:00 CET.

For further information, please contact:
Karl Stoltz, Media Relations Manager, 46 8 788 51 55

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

Published in European News
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Monday, 07 September 2015 07:02

Christoph Michalski appointed CEO of Vinda

sca newlogoChristoph Michalski, President SCA Global Hygiene Category, has been appointed CEO of Vinda International Holdings Limited, effective October 1, 2015. This appointment represents a clear commitment from both SCA and Vinda to strengthen their long-term cooperation. SCA is the majority shareholder in Vinda, one of China’s largest hygiene companies. Vinda is listed on the Hong Kong Stock Exchange.

“I am pleased with the appointment of Christoph Michalski as CEO of Vinda. His extensive experience in consumer goods will benefit Vinda and SCA, given SCA’s position as the majority shareholder in Vinda. Christoph has made an excellent contribution to SCA, enhancing the innovation process at the company and thereby increasing the number of product launches, strengthening our brands, such as TENA and Tork, and meeting customer and consumer needs,” says Magnus Groth, President and CEO of SCA.

The recruitment process to identify Christoph Michalski’s successor has been initiated.

Following the transfer to Vinda of SCA’s hygiene business in China in late 2014, SCA and Vinda have a clear and continued interest to explore stronger collaboration opportunities in Asia going forward. Such collaboration would strengthen the integration of resources between SCA and Vinda, and offer mutually competitive advantages.

NB: This information is such that SCA must disclose in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. Submitted for publication on September 7, 2015, at 01:00 a.m. CET.

For additional information please contact:

Linda Nyberg, VP Media Relations and Online Communications, 46 8 788 51 58
Johan Karlsson, Vice President Investor Relations, 46 8 788 51 30

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

Published in European News
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Wednesday, 19 August 2015 19:38

SCA to close production plant in France

logotype horizontalAs part of SCA’s ongoing cost-savings program related to the acquisition of Georgia-Pacific’s European tissue operations, SCA will close the tissue production plant in Saint-Cyr-en-Val, France.

The production plant has an annual capacity of 35,000 tons. Production will be discontinued in October 2015.

The restructuring costs for the closure of the production plant are expected to amount to approximately SEK 480m, of which about SEK 380m will be recognized as an item affecting comparability in the third quarter of 2015. The remaining SEK 100m will be recognized as an item affecting comparability in 2016. Of the restructuring costs, approximately SEK 260m is expected to affect cash flow.

Total cost savings related to the acquisition of Georgia-Pacific’s European tissue operations are expected to amount to EUR 125m upon full effect in 2016. Cost savings corresponding to approximately EUR 95m on an annualized basis had been achieved in the second quarter of 2015.

The cost-savings program related to the acquisition of Georgia-Pacific’s European tissue operations is one of three efficiency programs launched by SCA in 2012. The other two programs have been concluded.

For additional information please contact:
Johan Karlsson, VP Investor Relations, 46 8 788 51 30
Karl Stoltz, Media Relations Manager, 46 8 788 51 55

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

Published in European News
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ACelli logoRebuild project for A.Celli Paper at SCA facilities in Allo (Spain), where the leading global hygiene and forest products company required an updated service on moving rewinder assets and major upgrade on the drive side and slitting unit. Thus, A.Celli Paper dismantled on-site the previous machinery and installed refurbished equipment with new drive and automation and safety systems, and the new, latest-generation cutting system.

Started up in late 2014, the system fulfilled all the tests and the customer was fully pleased not only with the new technology supplied by A.Celli, but also with the technical and operational support that the teams have always shown during the entire rebuild process. “A.Celli Paper confirms itself a high level partner”, says SCA. “They immediately identified our needs and supplied what we required. Together, we scheduled the tests and started up the refurbished rewinder. This new cutting system is truly innovative and ensures extremely high quality of the paper – something SCA particularly caters to.”

2015 07 28 130511

With this new rewinder, the SCA Spain facility has gained in performance, instantly showing an improvement in paper quality and, consequently, a better finished product.

SCA by country

SCA is a leading global hygiene and forest products company that develops personal care products, tissue, publication papers and solid-wood products. Sales are conducted in some 100 countries. SCA has many well-known brands, including the global brands TENA and Tork. The largest markets, in terms of sales, are Germany, France, UK & ROI, USA, Sweden, Spain, Mexico, The Netherlands, Italy and Russia.

SCA in Spain

SCA has a portfolio of incontinence products, baby diapers, feminine care products, consumer tissue and Away-from-Home tissue.

Hygiene Products. SCA is represented in the incontinence care segment with TENA, leader in the incontinence sector which has had a presence on the Spanish market for more than 25 years in stores and in the pharmaceutical sector across the Iberian Peninsula. SCA is also represented in the tissue sector with COLHOGAR and in the facial cleansing category with DEMAK’UP. In the away-from-home tissue segment SCA Spain has Tork. SCA Spain also produces for the retail brands of its clients from the large scale distribution sector.

Published in European News
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Thursday, 16 July 2015 12:16

SCA invests in Brazil

sca newlogoSCA is set to invest approximately SEK 650m in a new production facility in Brazil for the manufacture of incontinence products. Production is scheduled to commence in 2016.

Through an acquisition made in 2011, SCA established a presence in the Brazilian market for incontinence products. Since then, SCA has increased its sales and market share in Brazil. SCA is now the second largest company in the Brazilian market for incontinence products, with its global leading brand TENA and the local brand, Biofral.

Brazil, which is one of SCA’s prioritized emerging markets, is the third largest retail market in the world for incontinence products.

“This investment will increase our production capacity and improve our profitability in Brazil in the long term. The investment enables us to capitalize on the growth opportunities that we can see in the Brazilian market for incontinence products and to potentially launch other product categories in the future,” says Magnus Groth, President and CEO of SCA.

The new production facility in Jarinu, Brazil, will replace the smaller existing plant.

In 2014, SCA’s net sales in Brazil amounted to SEK 514m.

NB: This information is such that SCA must disclose in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. Submitted for publication on July 16, 2015, at X:XX a.m./p.m. CET.

For additional information please contact:
Johan Karlsson, VP Investor Relations, +46 8 788 51 30
Karl Stoltz, Media Relations Manager, +46 8 788 51 55

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

Published in South American News
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SCA has developed a high bulk LWC paper called GraphoStyle. Its printability is on a par with exclusive magazines, it creates volume and has one of the best environmental profiles in the market.

2015 07 06 120353

GraphoStyle is a matt, bright and bulky (feels thicker) LWC paper. This gives it an exclusive magazine feel, even for printed materials with lower page counts. It is also suitable for smaller runs.

GraphoStyle offers great value for both readers and advertisers. They benefit from using paper with a higher bulk, giving the printed material a high-class feel and appearance.  

“There has been a clear increase in the demand for bulky paper with high brightness in Europe, while paper that has an easily-readable matt surface is also proof of environmental values,” says Ulf Edman, Marketing Director for SCA Ortviken’s publication paper.

GraphoStyle has a higher brightness, providing good contrasts and vibrant colours in images. Higher bulk also enables paper buyers to reduce the grammage, saving money in both purchasing and distribution. GraphoStyle has been developed to compete with higher bulk papers used in advertising and magazines.

“Over the past few years, SCA Ortviken has launched products based on customer needs that are profitable to produce. GraphoInvent is an uncoated, bulky paper for newspapers, magazines and advertising. GraphoInvent has captured a high market share in a short period of time. We then launched the easily-readable coated paper GraphoSilk – we are selling high volumes of this paper. With GraphoStyle we want to give customers an extraordinary paper that meets the needs that we are currently seeing,” continues Ulf Edman.

For more information, please contact:

Ulf Edman, Marketing Director, SCA Ortviken, tel. +46(0)60-19 77 76.
Björn Lyngfelt, Information Director, SCA Forest Pro

Published in European News
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sca newlogoCommencing in autumn 2016, SCA Logistics will begin calling at Kiel with its Ro-Ro vessels as part of a new partnership with Iggesund Paperboard and Seehafen Kiel. Kiel will thus replace Lübeck as a distribution point for Central Europe. A total of approximately 1,000,000 tons per year will be shipped on the new route to and from Kiel.

Seehafen Kiel is starting the process to expand its existing warehouse capacity in Ostuferhafen. The new forest products terminal will lie directly adjacent to the Intermodal rail terminal and the Ro-Ro terminal in the same port area. SCA will phase out its terminal in Lübeck and relocate operations to Kiel.

“Seehafen Kiel has made a big and dedicated effort to develop the concept that eventually won the terminal study we conducted jointly with Iggesund to handle the volumes for Iggesund Paperboard and SCA Paper,” says Magnus Svensson, President of SCA Logistics.

“It is very pleasing that we will be able to continue developing and expanding our longstanding partnership with Iggesund Paperboard, which dates back to 1995. Jointly, Iggesund and SCA have the volumes required to generate cost-efficient transport solutions,” adds Magnus.

Demand for containerized freight transport is growing steadily. When SCA’s Ro- Ro vessels begin calling at Kiel, Ro-Ro traffic between Sundsvall, Umeå, London and Rotterdam will be reduced from the current number of two departures per week, to one. The service will be maintained by moving a considerable volume, from Ro-Ro to containers. To allow for this development, SCA Logistics’ existing container route between Sundsvall, Umeå, Rotterdam and St. Petersburg will be expanded.

The container volumes in SCA Logistics’ terminals in Sundsvall and Umeå are expected to grow by 80% to 90% and in Rotterdam by 50%. At the same time, the Ro-Ro volumes at these ports will decline proportionately.

“Global container transport has been increasing for a long time and this trend will continue. This also means that container systems in Europe are becoming so large-scaled and comprehensive that containerization is becoming increasingly competitive for transport within Europe. We want to benefit from this trend and are therefore modifying our transport mix”, says Magnus.

All changes are expected to take place during the third quarter of 2016.

For additional information, please contact:
Magnus Svensson, President SCA Logistics, tel: +46 60 19 35 41, mobile: +46 70 550 61 15

Björn Lyngfelt, Vice President Communications, SCA Forest Products, tel: +46 60 19 34 98.

Published in Logistics
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In conjunction with her visit to Portugal, Crown Princess Victoria will meet SCA and its professional team of female sailors, Team SCA, which is participating in the Volvo Ocean Race.

An announcement was made in August 2014, that Crown Princess Victoria would be godmother for Team SCA and the team’s boat. On June 4 and 5, the Crown Princess will meet the team again in SCA’s pavilion at the Race Village in Lisbon.

2014 08 28 094207 sca crew

“We are honored that Crown Princess Victoria will visit our fantastic female sailors here in Portugal. The Crown Princess is a role model for many women across the globe. I am also proud that our female sailors – through their professionalism, strong team spirit and positive attitude – have inspired and continue to globally motivate many people,” says Magnus Groth, CEO of SCA.

Team SCA is the only team in the Volvo Ocean Race comprising only women. The start was in October 2014 in Alicante, Spain and the finish is expected to take place in Gothenburg in June 2015. One of the reasons that SCA chose to enter a female team was the company’s belief that all women across the world should have the same opportunities as men to participate in society – socially, educationally and professionally.

“We are delighted that Crown Princess Victoria of Sweden will be visiting us during our stop in Lisbon. SCA has given us a unique opportunity to participate in this race and having the Crown Princess as the Godmother of our crew and boat is an enormous honor. Her visit will further strengthen our motivation as we enter the remaining legs,” says Dee Caffari, Team SCA.

SCA has undergone a major journey of transformation in recent years, completing a number of acquisitions and divestments around the world. Participation with the female Team SCA in the Volvo Ocean Race plays a key role in this journey, namely, to increase global awareness of SCA and its brands. As part of this initiative, SCA has carried out local CSR projects linked to health and hygiene. One example is the education of young girls and women about hygiene and menstruation in partnership with the UN agency, the Water Supply and Sanitation Collaborative Council (WSSCC).

Follow Team SCA on www.teamsca.com

The attached images of the Crown Princess Victoria and Team SCA is from August 2014.

For additional information please contact:
Linda Nyberg, VP Media Relations, +46 8 788 51 58
Karl Stoltz, Media Relations Manager, +46 8 788 51 55 

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo and Vinda. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2014 amounted to approximately SEK 104bn (EUR 11.4bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.

Published in European News
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