Large Pulp Mill Project in Russia

Södra, the Russian bank VEB and Angara Paper have signed a Letter of Intent regarding a pulp mill project in Russia with a capacity of 1.1 million ton softwood pulp per year.

Swedish forest owner association Södras role in the project will be industrial partner and responsible for sales and marketing of future pulp production. Södra Cell has been invited to participate in a feasibility study regarding a pulp mill project in Russia. The feasibility study concerns constructing a pulp mill with a capacity of 1.1 million ton softwood pulp per year. The project has cutting rights of 6 million cubic meter softwood per year in the Krasnojarsk area.