Rottneros invests for significantly increased production of CTMP
Rottneros’ Board of Directors has decided to invest approximately 180 million SEK to significantly expand the production capacity of CTMP pulp at Rottneros Mill. It will thus increase from today's 125 thousand tonnes to approximately 165 thousand tonnes at a relatively low investment cost. The investment is planned to be operational in 2024.
The additional volume of CTMP pulp is primarily intended for the growing market segments of board and packaging as well as tissue. Given the low investment cost per tonne, Rottneros strengthens its long-term competitiveness in the growing CTMP market.
"The decision to significantly increase capacity within CTMP is a milestone in the continued development of the Rottneros Group as a leading niche player in the global pulp industry. It is also an aggressive next step in the structural transformation of Rottneros Mill after the decommissioning of the groundwood pulp line. We assess that the future profitability conditions for CTMP are very good, not least through the steadily growing demand for packaging, which is one of the most important application areas," says Lennart Eberleh, Rottneros’ President and CEO.
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For further information, please contact:
Lennart Eberleh, CEO and President, Rottneros AB, +46 (0)270 622 65, lennart.eberleh@rottneros.com
Rottneros AB (publ)
Box 144, 826 23 Söderhamn
+46 (0)270 622 00
rottneros.com
info@rottneros.com
Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on Nasdaq Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes Rottneros Packaging AB, which manufactures fibre trays, the wood procurement company Rottneros Baltic SIA in Latvia and the forest operator Nykvist Skogs AB. The Group had a turnover of approximately 3.0 billion SEK in the 2022 financial year and has about 306 employees.
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