A Swedish coniferous pulp factory with an annual output of 200000 tons is sold
Time:2024-10-16
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Special materials company Ahlstrom has signed an agreement to sell its Aspa pulp mill in Sweden to Swedish timber company. The agreement includes the pulp mill and all its businesses, and the transaction is expected to be completed in the fourth quarter of 2024.
Aspa Pulp Mill produces bleached and unbleached cork kraft pulp. The factory has an annual production capacity of approximately 200000 tons and employs 174 people.
Ahlstrom stated that this transaction is a crucial step in the company‘s growth transformation process, "strengthening the company‘s strategic commitment to sustainable specialty materials".
We look forward to continuing our business with Aspa and developing Aspa together with our experienced team at the factory. We are committed to providing Aspa‘s high-quality pulp services to our existing customers in the future, "said Mikael Arvidsson, CEO and Sales Director of Swedish Wood Company.
Aspa Pulp Mill produces two types of cork pulp: chlorine free bleached kraft pulp and unbleached kraft pulp. According to Ahlstrom, about 50% of the production is sold to Europe, while the rest is sold to customers around the world.
ECF bleached kraft pulp is used for hygiene products, printing paper, transparent paper, packaging paper, and cardboard. Unbleached cowhide pulp is a specialty pulp primarily used for electrical paper, but can also be used to produce glass liner paper, oil proof paper, coffee filter paper, or cardboard, "Ahlstrom wrote on its website.
Sweden Timber is a Swedish wood processing company whose assets also include wood composite materials and papermaking. The company acquired the Hylte Bruk paper mill from Stora Enso in 2023 and operates a paper machine at the factory to produce standard and improved news and book paper.
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