Canfor Extending Temporary Curtailments in B.C.

SCA has acquired its first wind farm with the purchase of 36 wind turbines in Markbygden in Piteå municipality, northern Sweden. The park is acquired from the German company Enercon. The acquisition is in line with the company’s previously stated goal of becoming one of the Sweden’s leading providers of fossil-free electricity generated by wind power. Twenty per cent of Sweden's installed wind power capacity is currently located on land owned by SCA. The park is located in Markbygden in Piteå municipality, which has been designated by the Swedish Energy Agency as a national interest for wind farms and consists of a total of 36 turbines with a total installed capacity of about 85 MW. The annual electricity production from the site is estimated at close to 200 GWh. Of the 36 wind turbines, 15 are located on SCA land. The remaining 21 wind turbines are operated under agreements with about 10 landowners that are valid until 2062.

Total European shipments of graphic papers in November 2017 were down 1.4% vs. November 2016 and were dow 0.8% year-to-date. Total European shipments of newsprint in November 2017 were down…

January–December 2022 compared with January–December 2021 *The carrying amount of SCA’s forest assets increased to SEK 97.9bn (84.5) as of December 31, 2022 due to continued increase in transaction prices for forest assets in Northern Sweden. *Net sales increased 10% to SEK 20,794m (18,822), which mainly related to higher selling prices in containerboard and pulp. *EBITDA increased 12% to SEK 10,194m (9,109). The increase was mainly attributable to higher selling prices. Cost increases were largely offset through control over SCA’s own value chain with a high degree of self-sufficiency in wood, energy, and logistics. EBITDA margin was 49.0% (48.4). *Operating profit increased to SEK 8,642m (7,634). *Operating cash flow was SEK 5,685m (5,216) and fully financed ongoing strategic capital expenditures.