Joint organisation for raw materials and bioproducts

Setra is placing responsibility for raw material purchasing and bioproduct sales in a combined organisation. The new organisation will be headed by Klas Flygare.

Purchases of timber raw materials and sales of bioproducts for Setra’s Whitewood, Redwood, and Wood Products business areas, will be co-ordinated in a joint organisation with effect from 1 December. Klas Flygare, who is currently responsible for Setra’s bioproducts business, will be the new Head of Raw Materials and Bioproducts.

The new organisation for raw material and bioproducts will cover Setra’s three business areas, Whitewood, Redwood and Wood Products. It will be led by a joint steering committee with Per Fredrikson, head of the Whitewood business area, as chairman. Responsibility for operational raw material matters within each business area will remain with Magnus Olsson, Whitewood Raw Material Co-ordinator, and Per Ranudd, Redwood Raw Material Co-ordinator.

Setra’s President and CEO, Johan Padel, comments: “Sawlogs and bioproducts are closely linked and a clearer co-ordination of this business will give us a stronger position in the market.”

Every part of a log is utilised in Setra’s sawmills. Roughly half of the log’s volume becomes boards and planks, the other half becomes various bioproducts. As competition for renewable wood fibre increases, bioproducts have become an increasingly important part Setra’s total business.

Bioproducts mainly comprise raw chips, dry chips, sawdust, wood shavings and bark. Key customers include the pulp and paper industry, heat and power plants, pellet factories, wood fibre board manufacturers and producers of animal bedding and soil improvement products.

For further information, please contact:

Johan Padel, President & CEO, Setra, tel +46 8 705 03 10, mobile +46 702 14 82 44

Per Fredrikson, Head of Whitewood Business Area, tel: +46 8 705 03 33, mobile: +46 705 69 22 94

Klas Flygare, Head of Raw Materials and Bioproducts, tel +46 5 854 85 12, mobile: +46 70 676 04 97

Setra is one of Sweden’s largest wood products companies and a leading player in Europe. We offer eco-certified wood products for interiors and construction to customers in the building materials trade and industry.

The Group has 1,000 employees and annual sales of approximately SEK 4.5 billion. Exports to Europe, North

Africa, the Middle East and Japan account for almost 60% of sales. Read more at www.setragroup.com

Press contact: Lotta Löwhagen Lundberg, lotta.lowhagen.lundberg@setragroup.com, 46 70 654 13 44

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About Us

Setra is one of Sweden’s largest wood products companies and a leading player in Europe. We process raw material from responsibly managed forests and offer climate-friendly products and solutions for building and living in a global market. The Group has approximately 800 employees and annual sales of SEK 4.2 billion. Exports to Europe, North Africa, the Middle East and Asia account for about 60% of sales.