Södra divests its shares in Sunpine
Södra has reached an agreement to divest its shares in Sunpine AB to VAROPreem. The transaction is pursued together with shareholders Sveaskog AB and Lawter B.V., a subsidiary of Harima Chemicals Inc., and is now undergoing the necessary approvals before it can be completed.Södra has been a partner in Sunpine since 2008 with a 25% ownership stake, to drive the development and market of renewable products based on tall oil, an important part of the strategy to make more of each tree and thereby increase the profitability of its members’ forests. Sunpine is now entering a phase that requires