Nip Impressions logo
Wed, Aug 23, 2017 02:21
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Items just for you
New publication added! Advertising Arguments 2015 book
Search
My Profile
Login
Logout
Management Side
Technical Side
SCA to close tissue production plant in Flagstaff, Arizona

STOCKHOLM, Sweden -- To further improve efficiency and strengthen the competitiveness for the Professional Hygiene business in North America, SCA has decided to close the tissue production plant in Flagstaff, Arizona, in the US.

The closure of the Flagstaff tissue production plant is part of SCA's Tissue Roadmap and is aligned with the company's strategy to optimize the geographic production footprint to drive cost and capital efficiency and further increase value creation in the Professional Hygiene business area.

The Flagstaff tissue production plant has an annual capacity of 55,000 tons for the Professional Hygiene business. Production will be discontinued in June 2017.

The restructuring costs for the closure are expected to amount to approximately SEK 250m and will be recognized as an item affecting comparability, mainly taken in the second quarter of 2017. Approximately SEK 40m of these costs are expected to impact cash flow.

SCA, with the leading global brand Tork, is the second largest player in the US professional hygiene market. The US is the Group's largest market, based on net sales in 2016, and is highly prioritized by SCA.


Printer-friendly format





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: