Södra Cell to continue production at its Tofte, Norway, pulp mill until June 15 after the local council extends the notification period for the mill's closure to April 30; Södra to further evaluate the situation, process over next few days

VAXJO, Sweden , April 29, 2013 (press release) – Södra Cell will be continuing production at its Tofte mill in Norway up to 15 June 2013. The County Chairman (of the local council) has extended the notification period for closing Södra Cell Tofte to 30 April 2013 and Södra will be further evaluating the situation and the process over the next few days.

Södra had originally intended to cease production at Tofte at the end of April after failing to secure a feasible deal for the mill which was put up for sale last October.

Södra has been attempting for some time to achieve profitability at Södra Cell Tofte, but it has not been possible to turn the tide despite a number of measures being implemented. However, production at present is stable, hence the reprieve.

Facts: Södra Cell Tofte
Tofte was purchased by Södra in 2000. Its production capacity amounts to 400,000 tonnes of chemical paper pulp and it employs 305 staff.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.