Svenska Cellulosa Aktiebolaget

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Svenska Cellulosa Aktiebolaget
Publicly traded Aktiebolag
Traded as OMXSCA B
Industry Personal care
Founded 1929
Headquarters Stockholm, Sweden
Key people
Pär Boman (Chairman), Magnus Groth (President and CEO)
Products Tissue
Personal care products
Publication paper
Sawn wood products
Wood pulp
Revenue SEK 104,054 billion (2014)[1]
SEK 10,449 billion (2014)[1]
Profit SEK 9,488 billion (2014)[1]
Total assets SEK 154,736 billion (end 2014)[1]
Total equity SEK 72,872 billion (end 2014)[1]
Number of employees
44,000 (December 2014)[2]
Website www.sca.com

Svenska Cellulosa Aktiebolaget (SCA, English: Swedish Cellulose Company) is a Swedish consumer goods company and pulp and paper manufacturer with headquarters in Stockholm.[3] It has approximately 44,000 employees and a turnover of approximately SEK 104 billion (€11,1 billion). Its main products include personal care products (incontinence products, baby nappies and feminine hygiene products), tissue (toilet tissue, kitchen towels, handkerchiefs, napkins etc.), publication papers, solid-wood products and forest-based biofuel. The company's ten largest markets are Germany, United Kingdom, United States, France, Sweden, Italy, the Netherlands, Spain, Denmark, Australia, Mexico and Belgium. SCA is Europe's largest private owner of forest land, with 2.6 million hectares, the size of Macedonia. (Sweden's largest forest owner is the governmental Sveaskog with 3.3 million hectares, an area slightly larger than Moldova.)

History

SCA was founded by Ivar Kreuger in 1929 as a holding company for ten Swedish forest industry companies. Following Kreuger's bankruptcy in 1932, the company came to be controlled by the bank Handelsbanken, who along with associated funds and companies continue to control SCA. Axel Gustaf Torbjörn Enström was the managing director from 1950 to 1960 and chairman of the board from 1960 to 1965.[4]

In 1975 SCA acquired Mölnlycke Health Care, a leading western European producer of disposable hygiene products, and in 1990 SCA acquired transport packaging company Reedpack. In 1995 the Germany-based paper and packaging company PWA was acquired. In 2001 the division Wisconsin Tissue of the United States company Georgia-Pacific Tissue was acquired. In 2004 SCA acquired the tissue and hygiene products businesses of Carter Holt Harvey from International Paper.

In 2007 SCA announced it was acquiring the European tissue operations of Procter & Gamble for €512 million. This was agreed by the European Commission in September 2007. SCA will own Tempo, Bess and Bluemia brands plus 5 plants in Europe and Hong Kong, and own European rights to Bounty and Charmin. SCA will need to divest Softis in Germany and Austria.[5]

In 2008 SCA increases ownership in Chinese tissue company Vinda.[6] SCA invests USD 240 million in Mexico.[7] SCA divests parts of its UK Packaging operations and closes the New Hythe mill.[8]

In 2009 closed its tissue mill in Pratovecchio,[9] Italy, upgraded the energy plant at the liner mill in Aschaffenburg, Germany [10] and acquired the Argentinian hygiene products brands Calipso, Plissé, Plissé bebé and Master.[11] In December 2009 SCA further invested in personal care products in Russia[12] and in reduced emissions at the Östrand pulp mill, Sweden.[13]

In 2010 SCA initiated a project to close its personal care factory in Linselles, France[14] and divested its Asian packaging operations.[15] In July 2010 SCA bought the Tessy Babies and DryKids baby diaper brands in Mexico and Central America.[16] During the autumn 2010 SCA started the production of TENA incontinence care products and Libero baby diapers in Veniov, Russia [17] and entered a R&D co-operation with BioGaia.[18] SCA also celebrated 60 years on the NASDAQ OMX.[19]

In 2011 SCA invested EUR 290m in expanded tissue capacity in Russia and Germany as well as the Bollsta sawmill in Sweden.[20] SCA and the Norwegian company Fred.Olsen Renewables have formed a jointly owned company to construct a wind farm in Västernorrland in northern Sweden.[21] SCA has acquired 50 percent of the Turkish hygiene products company Komili from Yıldız Holding with diaper brand Baby Star and feminine care brand Rozi,[22] as well as 95 percent of the Turkish hygiene products company San Saglik with incontinence care brands Glory and Rinacare.[23] SCA also acquired the Brazilian hygiene products company Pro Descart with incontinence care brands BioCare Geriátrica and Biofral, as well as the baby diaper brands BabyFral, BioCare Baby Plus and DryBaby.[24] SCA delivered a binding offer to acquire the European tissue operations of pulp and paper company Georgia-Pacific.[25]

In 2012 SCA divested its packaging operations – excluding the two kraftliner mills in Sweden – to DS Smith.[26] SCA also acquired Georgia-Pacific´s European tissue business.[27]

Sustainability

SCA has a series of sustainability targets for both nature and people. Nature targets:

  • Climate and energy [28]
  • Water [29]
  • Fiber sourcing & biodiversity [30]

People targets:

  • Code of Conduct [31]
  • Sustainable innovations [32]
  • Employee health & safety [33]
  • Hygiene solutions [34]

SCA was cited as the best Swedish company for carbon dioxide reporting in the global CDP survey 2010. In 2010 SCA was ranked for the sixth consecutive year as one of the world’s 100 most sustainable companies by business magazine Canadian Corporate Knights. For the fourth consecutive year, SCA was named in 2011 one of the world’s most ethical companies by the Ethisphere Institute in New York, US. SCA has been listed on the FTSE4Good global sustainability index since 2001.[35] SCA is included in the Dow Jones Sustainability Europe Index.[36]

SCA is sponsoring an all-female crew for the 2014–2015 Volvo Ocean Race, a round-the-world sailboat race.[37]

Logotype

The company derives its logo from pagan Germanic valknut symbol.

Products and brands

  • Consumer tissue: Cosy, Cushelle, Danke, Deeko, Edet, familia, Favorita, feh, Flen, Handee, Handee ULTRA, Lovly, Lady, Nevax, Orchid, Opción Verde, Plenty, Purex, Regio, Scottis, Sorbent, Tempo, Tessy, Top, Handee TuffMate, Velvet, Viti, Vinda and Zewa[38]
  • Away from home tissue: Tork, familia – Productos Tork and Pisa[39]
  • Feminine hygiene products: Bodyform, Calipso, Donnasept, Libresse, Libresse Lifestyle, Libra, Nana, Nuvenia, Nosotras, Rozi, Plissé, Saba and Ladyfree[40]
  • Baby nappies/diapers and other baby care products: Libero, Drypers Wee Wee DRY, DryKids, Drypers DRYPantz, Hey Baby!, Cuddlers, Plissé Bebé, Libero Peaudouce, Tessy babies, Treasures, Pequeñin, Libero Up&Go, Cushi Tush, BabyFral, BioCare Baby Plus, DryBaby, BabySens and Baby Star[41]
  • Incontinence care products: TENA, Glory, Rinacare, BioCare Geriátrica, Biofral and Master[42]
  • Containerboard[43]
  • Recovered papers: LWC paper, SC paper, uncoated offset and newsprint[44]
  • Pulp: Star, Celeste and Luna[45]
  • Solid-wood products[46]
  • Forest-based biofuel and wind power: unrefined fuels (slash, bark, sawdust, peat), refined fuels (pellets under the bionorr pellets brand and briquettes) and wind energy[47]
  • Forests[48]

See also

References

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  3. "Addresses." (Search "Headquarters" and "Sweden"). Svenska Cellulosa Aktiebolaget. Retrieved on November 15, 2013. "Headquarters SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Box 200 SE -101 23 STOCKHOLM Sweden Klarabergsviadukten 63"
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  5. [1] Archived November 18, 2007 at the Wayback Machine
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  36. [3] Archived October 15, 2011 at the Wayback Machine
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  44. [4] Archived June 18, 2011 at the Wayback Machine
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External links