SCA Invests in India
STOCKHOLM, Sweden -- September 12, 2013
SCA (STO:SCAA)(STO:SCAB)will invest about SEK 150m in local production of
hygiene products in southwest India. Production at SCA’s own plant is planned
to commence in 2015.
“This investment creates a solid platform for us to leverage the favorable
growth opportunities that exist in the hygiene products area in India. The
investment is in line with our strategy of strengthening SCA’s presence in
emerging markets,” says Jan Johansson, President and CEO of SCA and continues:
“India’s large population and the low penetration of hygiene products provide
the potential for future growth. The aim is to introduce SCA’s hygiene
products in the Indian market already in the latter part of 2013.”
The brands that SCA intends to launch in the Indian market include the
world-leading brands TENA, for incontinence products, and Tork, for
Away-From-Home (AFH) tissue. The Libero brand for baby diapers and baby care
products and Tempo for consumer tissue will also be introduced.
SCA is a leading global hygiene and forest products company. The Group
develops and produces sustainable personal care, tissue and forest products.
Sales are conducted in about 100 countries under many strong brands, including
the leading global brands TENA and Tork, and regional brands, such as Lotus,
Libresse, Tempo and Libero. As Europe’s largest private forest owner, SCA
places considerable emphasis on sustainable forest management. The Group has
about 36,000 employees and sales in 2012 amounted to SEK 85bn (EUR 9.8bn). SCA
was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed
on NASDAQ OMX Stockholm. For more information, visit www.sca.com
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For additional information please contact:
VP Investor Relations
+46 8 788 51 30
VP Media Relations
+46 8 788 51 36
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