Production record at Vallvik Mill
"It is very pleasing that several years of goal-oriented work has yielded such tangible results," says Robert Jensen, MD of Vallvik Mill. "Furthermore, we have an excellent outcome in terms of quality – we have managed to achieve our environmental objectives and are delivering to our customers according to plan. All of our employees have good reason to look forward to a well-deserved holiday."
Rottneros has invested over a quarter of a billion Swedish kronor in Vallvik Mill in recent years in order to satisfy the environmental requirements imposed on the mill, while annual capacity increases from 200,000 tonnes to 240,000 tonnes. The Environmental Court is considering a permit application to temporarily increase production from 220,000 to 242,000 tonnes, and a decision is expected during the third quarter of 2012. The company is preparing a permit application to enable it to permanently increase production up to 300,000 tonnes.
For further information, please contact:
Ole Terland, CEO and President, Rottneros AB, +46 8 590 010 00
Robert Jensen, Managing Director, Vallviks Bruk AB, +46 270 620 00
Rottneros discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The Information was submitted for publication on 2 July 2012 at 10.00 CET.
Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes the wood procurement company Rottneros Baltic SIA in Latvia. The Group has around 298 employees and had a turnover of approximately SEK 1.5 billion in the 2011 financial year.