The investment is a further step in Holmen's strategy to grow the wood products business and contribute to the green transition. This will increase the production at Iggesund Sawmill by 20 per cent as well as adding construction timber on top of its joinery products range.
"We grow houses. To develop the wood products business is a natural extension of forestry and an important dimension in Holmen's strategy of owning and adding value to the forest. Following the acquisition of Martinsons and the expansion of Braviken, the investment in Iggesund Sawmill is the next step in strengthening our position in wood products," says
The investment will enable the sawmill to switch from lower grade joinery spruce to construction timber in both spruce and pine. This will increase the value added and improve the market mix by increasing the share sold to Scandinavian builders' merchants.
"Wood as a construction material is benefiting from the ongoing transition to a fossil-free world, especially if concrete and steel will carry their true climate cost. We continue to focus on adding value to the forest we own and are already part of the solution to the climate issue. Our strategic position is right on point financially and in terms of the climate," comments
The investment in log sorting and a new planing facility will remove bottlenecks and is expected to increase the sawmill's capacity to just over 450 000 m3. Start-up is planned for autumn 2023, with full capacity expected to be reached towards the end of 2024.
In the past twelve months, the Holmen Wood Products business area has produced 1.5 million m3 of wood products, achieving a turnover of
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Holmen's business is built around the forest ecocycle and the renewable products we can create from it. Our business areas are Forest, Renewable Energy, Wood Products, Paperboard and Paper. With a workforce of 3 300 people, we create value for shareholders, customers and society. Our net sales in 2020 amounted to just over
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