All for Joomla All for Webmasters

Displaying items by tag: BillerudKorsnäs

There are more and more reasons to replace the plastic Bag for Life with one in paper when you go shopping. BillerudKorsnäs and AB Group Packaging therefore proudly present the reusable paper bag, one of the world´s strongest paper bags now available in UK Supermarkets.

2020 10 27 112832The secret behind the power of the Reusable Paper bag is the raw material called FibreForm®“RPET, fabric or PP reusable bags have long been available for consumers but can now be replaced by a Reusable bag made of FibreForm®, says Veronica Fylkner, Sales Manager, Formable Solutions at BillerudKorsnäs.
“FibreForm® is one of the strongest kraft papers in the world. It’s been on the market for a while and we are still exploring its full potential. We see several new applications we can develop with FibreForm® and we are eager to replace less sustainable materials and solutions. It is a journey that we are pleased to be on as we can help decrease the amount of plastics and aluminium in different applications on the market” says Veronica Fylkner.

Laboratory tests have shown that the reusable paper bag can be reused over and over again.
“We tested one bag until breakdown and it lasted 43 cycles which is equivalent with 860 lifts and this with a high weight of 16 kg. We can really say that FibreForm® is suitable for reuse in all types of weather.” says Veronica Fylkner.

Today AB Group Packaging who manufactures in Ireland, the UK and Spain, is offering the ultra-strong paper bag to several major supermarkets in the United Kingdom. Compared to several other European countries, paper bags have not been an option in most UK retail stores, until recently.
The reason behind this have been due to cost, strong plastic industry and some misperceptions that papers are weak and have higher climate impact. With good virgin paper from integrated paper mills you actually can crush both of those myths.

“We are really pleased to be working with BillerudKorsnäs - which we have done now for about 30 years. They are number one in all categories.” says Dermot Brady, Inc. founder and CEO at AB Group Packaging.


AB Group Packaging have developed this ultra-strong bag with one of the strongest papers from BillerudKorsnäs. The aim has been to launch a re-usable paper bag, and AB Group Packaging have some of the largest clients on-board to make this change.

“Reduce, reuse, recycle – this is my vision of how the industry should operate in the future. We are responsible for every product we put on the market, all should be renewable. We want zero negative influence when producing and using our products and we are so pleased to be able to offer this product to the market.” says Dermot Brady.

The future bag is one step towards a sustainable future is to abandon plastic bags and use bio-based and 100% recyclable material. A common misunderstanding on the market is that paper have a higher impact on the climate than plastic.  Several studies have shown that BillerudKorsnas packaging materials have a lower climate impact than other materials. When the Swedish environmental institute IVL made a life cycle assessment on a BillerudKorsnäs standard paper for carrier bags, the paper actually had lower climate impact than bio-based plastic, recycled plastic and fossil based plastic. The material used by AB Group Packaging for the supermarket chains in the UK is BillerudKorsnäs FibreForm® Kraft Paper – attaining both environmentally friendly criteria’s above.
The uniqueness of FibreForm® is the high stretch, and how tear resistant and strong it is.
For several types of strong paper bags normal kraft paper is enough, but if you want that extra level of strength to be able to reuse the bag several times - FibreForm® is a good option.

“The world is now ready for a shift - from plastics to renewable bio-based products.” says Dermot Brady.

2020 10 27 112806

https://www.billerudkorsnas.com/sustainability/life-cycle-assessment-and-environmental-product-declarations

If you would like to know more about BillerudKorsnäs different strong kraft papers please take at our homepage.
https://www.billerudkorsnas.com/our-offer/packaging-materials/

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4500 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 24 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under

BillerudKorsnäs joins forces with Syntegon Technology to launch Recyclable Flow Wrap, a paper based packaging solution that enables a shift from conventional plastic to renewable and recyclable materials.

Flow wrap is a type of flexible packaging used for many products in the fast moving consumer goods (FMCG) sector and today plastic film flow wrap is standard for FMCG.

BillerudKorsnäs Recyclable Flow Wrap is an innovative paper packaging solution, based on primary fibres from well-managed forests and with high barrier performance that can be recycled as paper.

2020 09 29 090115

The product enables the shift from conventional plastic to paper and is suitable for medium to high barrier requirements such as those posed by chocolate bars and other confectionery as well as bakery product. A patent application for BillerudKorsnäs Recyclable Flow Wrap is pending.

Recyclable flow wrap is verified by Syntegon Technology and tested with their retrofit upgrade kit “paper-ON-form”.

“We are happy to launch a paper based flow wrap solution. The product is recyclable as paper and brand owners don’t have to compromise neither product shelf life nor converting productivity in comparison to plastic packaging options” says Peter Åström, Project Manager Recyclable Flow Wrap

With the Syntegon upgrade kit paper-ON-form it can be installed on existing horizontal flow wrapping machines and new flow wrappers from Syntegon Packaging Systems AG. The solution was engineered in Syntegon´s own development center in Beringen, Switzerland, and consists of a flow-wrap forming unit and sealing tools or paper cold-sealing applications. The kit is already being used on existing lines from international manufacturers for packaging chocolate bars in paper.

”To make flow wraps future-proof we have to take a holistic approach. In our test lab, we are concentrating on three elements. Avoidance. Recycling. Recovery. Our retrofit kit allows customers the transition to paper packaging on their existing Syntegon Packaging Systems horizontal flow wrapping machine – without any restrictions regarding speed compared to the existing for cold-sealable paper,” says Christoph Langohr, Project Manager of Sustainability Horizontal Packaging.

By introducing Recyclable Flow Wrap, BillerudKorsnäs brings forward innovation based on renewable and biodegradable materials meeting brand owners and legislators´ need to reduce littering and increase recycling without compromising on the barrier characteristics.

For further information, please contact:

More information on https://www.billerudkorsnas.com/recyclableflowwrap

Peter Åström
Director Packaging Materials & Machine Technology
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +46702437967

Christoph Langohr
Project Manager Sustainability Horizontal Packaging
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

About Syntegon Technology

Syntegon Technology is a leading global process and packaging technology provider. Formerly the packaging division of the Bosch Group, the company, headquartered in Waiblingen (Germany), has been offering complete solutions for the pharmaceutical and food industries for over 50 years. More than 6,100 employees at 30 locations in more than 15 countries generated a total revenue of 1.3 billion euros in 2019. The portfolio of intelligent and sustainable technologies includes stand-alone machines, as well as complete systems and services. Fields of application in the pharmaceutical industry are the production, processing, filling, inspection and packaging of liquid and solid pharmaceuticals (e.g. syringes and capsules). In the food industry, the portfolio includes process technology for confectionery as well as packaging solutions for dry foods (e.g. bars, bakery products and coffee), frozen foods and dairy products. www.syntegon.com

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4500 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 24 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under

The role of the forest in combating climate change is important and well known. It is, however, less known that the products from the forest's raw material contribute to large amounts of fossil oil remaining underground. This means, among other things, that BillerudKorsnäs' operations and products provide a strong, positive climate effect, according to a new study.

- Overall, the effect of replacing plastic, glass and aluminium packaging with paper-based solutions is much greater than what has previously been estimated. We hope that the study contributes to increased understanding both in politics and for commerce, brand owners and consumers when they choose between different packaging materials, says Malin Ljung Eiborn, Sustainability Director at BillerudKorsnäs.

billkorlogoThe study is led by Peter Holmgren, forestry specialist and former Director General of the Center for International Forestry Research (CIFOR), and shows that BillerudKorsnäs' sales of cardboard, paper and pulp contribute to an annual reduction of 5.4 million tonnes of carbon dioxide from the atmosphere. This corresponds to the annual greenhouse gas emissions from the entire Swedish steel industry, or one third of all domestic transport in Sweden. The figure also includes the negative climate impact from BillerudKorsnäs’ operations, which mainly concerns emissions related to the purchasing of input products and transport. BillerudKorsnäs' production is today 97 percent fossil-free.

- Our role is to stimulate responsible forestry and ensure that fossil-based products are replaced by renewable products. It is very gratifying to receive the confirmation that we contribute to a positive climate effect on such a large scale. In addition we have a large focus on phasing out the remaining 3 percent of fossil fuels from our production, says Malin Ljung Eiborn.

Today, there is no formal method to report the climate effect of replacing fossil products with bio-based products, the so-called substitution effect. The calculations in the study are therefore based on a number of third-party life cycle analyses for comparable packaging solutions. The starting point of the methodology is that the biogenic carbon contained in the paper packaging is part of a cycle where the emissions are absorbed by the forest, while fossil carbon leads to a net addition to the atmosphere.

- In recent years, we have noticed an increased interest in the forest as a raw material. An interesting conclusion from the study is that paper and board products can generate a climate advantage that is significantly higher than if the forest raw material is used directly as biofuel. However, more research is needed within this area to understand the full potential, says Malin Ljung Eiborn.

More information about the climate impact of BillerudKorsnäs and the study is available here: https://www.billerudkorsnas.com/sustainability/climate-impact.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under

Due to current circumstances regarding the Covid-19 virus, BillerudKorsnäs postpones the major parts of the maintenance shutdown initially planned to be held week 13, 2020 at Gruvön.

billkorlogo– We have decided that during the current circumstances it is not possible to follow through the maintenance shutdown as initially planned. Further, we must also consider the risk of infection for our employees, but also the many suppliers and contractors who were scheduled to come to Gruvön, says Ivar Vatne, CFO at BillerudKorsnäs.

The additional negative financial effects of postponing the maintenance shutdown is calculated to MSEK 40-100 for the full year of 2020. BillerudKorsnäs closely monitors the development and is now planning, together with contractors, to carry out the maintenance shutdown in Gruvön during the third quarter of 2020.

The ramp-up of KM7 continues to be BillerudKorsnäs’ number one priority for 2020. An additional consequence of the postponed maintenance shutdown is that BillerudKorsnäs adjusts the previously communicated negative earnings interval by MSEK 100 to MSEK 250-450 for the full year 2020. Focus remains on producing coated material and we expect to launch the process of certifying materials during the second quarter of 2020.

Other financial effects related to Covid-19 have so far been fairly limited. At this stage, it is too early to estimate to what extent Covid-19 will affect BillerudKorsnäs long-term.

Published in European News
Tagged under
Wednesday, 06 November 2019 08:03

Lennart Holm appointed acting CEO of BillerudKorsnäs

The Board of Directors of BillerudKorsnäs AB has appointed the current Chairman of the Board, Lennart Holm, as acting CEO from November 5, 2019. Petra Einarsson leaves as CEO with immediate effect.

The work to recruit a permanent CEO will start immediately. As Lennart Holm will assume the role of acting CEO, the Board has appointed the current Board member Jan Åström as Chairman of the Board.

Lennart HolmLennart Holm“BillerudKorsnäs has a historic opportunity to actively contribute to the transition towards a more resource efficient and sustainable packaging industry. It is the view of the Board of Directors that the company has not developed at the expected pace”, says Jan Åström, new Chairman of the Board.

“We are well positioned for success. The strategy is clear and the entire organization must now focus to implement it at a high pace to further create value for our shareholders, customers and our stakeholders”, says acting CEO Lennart Holm.

Lennart Holm has been a board member of BillerudKorsnäs since 2012 and has been Chairman since 2014. He has previously been, among others, the CEO and Chairman of the Perstorp Group and active in Stora Enso. Jan Åström, who has been on the Board since 2018, has extensive experience from leading positions in the pulp and paper industry. He has, among others, been the CEO of Ahlstrom Munksjö, SCA and MoDo Paper.

“The Board thanks Petra Einarsson for her contribution to BillerudKorsnäs. During her leadership, the installation of KM 7 has been completed, Bergvik Skog Öst has been divested, the strategy has been reviewed and a program to further improve health and safety has been initiated”, says Jan Åström.

For further information, please contact:
Christopher Casselblad, EVP Communication, +46 8 553 335 08

This information constituted inside information prior to publication. This is information that BillerudKorsnäs AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 19:00 CET on 4 November 2019.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4 500 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 24 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under

BillerudKorsnäs is offering an innovative paper, FibreForm®, to make laminates for trays used in food packaging. Now, a recent life cycle assessment performed by RISE, Research Institutes of Sweden, shows that a packaging tray made from FibreForm has up to 71% less global warming impact compared to trays made of only plastic.

  • The life cycle assessment study is the first of its kind that compares the environmental profile of plastic-based trays against paper. The difference in climate impact is substantial, says Michael Sturges, who lead the study at RISE.

The main reason for the lower global warming potential is that the FibreForm laminate requires less energy in production than plastic. In addition, the tray can be recycled as paper in most European countries, which reduces the end-of-life impact. The first tray made of FibreForm was released to the market about 10 years ago and further improved together with production partners.

2019 10 21 092639(click picture to emlarge)

- We developed FibreForm to challenge conventional packaging with the objective to reduce unnecessary plastic packaging. The 3D-formable material makes it strong and stable. We believe that we create a sustainable growth by offering alternative packaging possibilities together with our partners, says Hein van den Reek, Business Director Solutions at BillerudKorsnäs.

The tray made of FibreForm is approved for food contact and can be found in retail stores as a packaging for cheese, meat, fish and similar food. The material can be formed in existing thermoforming lines and press-forming equipment on the market, meaning that food processors, brand owners and retailers can make an easy switch in their production.

The life cycle assessment performed by RISE compares FibreForm trays with conventional EPS trays and APET/PE laminated plastic trays. The study encompasses all stages of the product life cycle, from raw material production to landfill or recycling. At 20.0 kg CO2e per 1,000 trays consumed and disposed of, the FibreForm tray offers a 62% saving in global warming potential compared to the EPS tray and a 71% saving compared to the APET/PE tray. The work has been peer reviewed by Intertek, a global leader in the field of verification and assurance. The full study is available here: https://www.billerudkorsnas.com/sustainability/life-cycle-assessment-and-environmental-product-declarations.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under

BillerudKorsnäs, together with partners, proudly presents Paboco, the paper bottle company, uniting leading experts in material, design and technology, and supported by world-leading consumer brands to bring sustainable progress to the bottling industry.

Building on years of experience, the development journey towards a sustainable paper bottle first began in 2015 by innovation expert EcoXpac in collaboration with Carlsberg Group and BillerudKorsnäs, with support from project partners.

Now in 2019, Paboco represents a joint venture between paper packaging material developer BillerudKorsnäs and bottle manufacturing specialist Alpla.

To support the initiative and explore further development and commercial opportunities, Paboco is officially launching the Paper bottle community with participation from the partners below


This is our Paper bottle community:

Pioneer owner              Pioneer brands               Pioneer partners

2019 10 14 101105

Building lasting change takes time and any challenge to the norm carries equal amounts of risk. To provide the best system for success, we are building a community of partners that share our vision, understand the complexity of innovation and the crucial importance of introducing smarter and more sustainable packaging solutions.

Our ambition is matched by the challenges we are facing: Challenging the traditional bottling industry and indirectly sparking a movement for a more sustainable everyday.

“It is all about the team! We are collaborating across the value chain, sharing the risks and are united in our vision that the Paper Bottle will become a reality and fundamentally change this industry for good”, says Mrs. Gittan Schiöld, interim CEO of Paboco.

Our long-term goal: a sustainable choice for the future.

The Paper Bottle is a step-by-step innovation concept focused on scaling and product functionality. It is the first of its kind for liquid goods such as carbonated and still drinks, beauty products and more.

Alongside the scaling of the production technology, Paboco works for the transition to a bottle solution for the future circular society, a 100% bio-based and recyclable paper bottle that can harmlessly degrade if accidentally put in nature. Our vision will always drive us further than the expectations of today and push us to improve the paper bottle to become fully sustainable and optimized for material reuse and circularity.

This work is undertaken in generations of the Paper Bottle, building on existing barrier technologies of today and exploring those of tomorrow. Each pioneer brand will develop and design their own paper bottle to meet the needs of their category.

About the Paper bottle community:

The paper bottle community unites a group of pioneering partner brands and experts in materials, design and technology. Together, we are shaping sustainable everyday life by contributing to the making of a fully bio-based and recyclable bottle made from wood fibres. A long-term innovation project run by Paboco®, the paper bottle company.

About Paboco:

Paboco®, the paper bottle company, is a joint venture between paper packaging materials- and solutions provider BillerudKorsnäs and bottle manufacturing specialist Alpla, grown from the start-up and innovation expert ecoXpac. Our aim is to provide consumers with a fully bio-based and recyclable paper bottle, that ultimately will change the industry and impact the environment for good. www.paboco.com

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under

For 15 years running, BillerudKorsnäs has arranged and hosted PIDA - Packaging Impact Design Award, a competition among design students in France, Germany, Sweden and the UK. For the first time in the history of the competition, an all-European winner has been selected. The Grand Finale was held at Luxe Pack Monaco, the world’s leading trade fair for luxury packaging, and the title went to “Bois Underwear” by Swedish students from design college Nackademin.

2019 10 04 080420

The students behind the winning design are Natasha Bosnjak, Alicia Lundgren and Christian Koch. Their design qualified for the Grand Finale by winning the Gold Award at the Swedish PIDA event. They suggested that packaging design in the future may very well be fun, playful and edgy. The winner is a retail pack for men’s underwear in the shape of a banana, which you peel to open.

“We are so happy about this prize,” says Alicia Lundgren. “It means everything. And it means a lot that we just followed our hearts, never held back, and disregarded the usual Scandinavian design conventions. We managed to make sustainability look fun, and we are very pleased with that.”

A glimpse of the future

For every year, the competition has a new theme. This year’s brief was "Bring the Future" and the students’ challenge was to develop a sustainable packaging concept for the year 2030. The jury looked at the innovativeness, sustainability, user-friendliness, concept and communication of the contesting design projects. Bois Underwear received high marks on all points, and its colourful appearance drew a lot of attention. In total, 36 design projects were nominated and four of them made it to the Grand Finale.

2019 10 04 080511

The Grand Finale winner was elected by a jury comprising a mix of industry professionals – designers, converters, brand owners and other specialists – all of whom have been on the jury at one of the previous PIDA-events this year.

“The brief presented to students at the PIDA 2019 was ambitious. Imagining the packaging of the future seems simple at first sight, but that is without counting the current trends that are the new technologies, the sustainable development and the aging of the population,” says Sophie Lindhe, Brand Project Coordinator, at BillerudKorsnäs.

Young talents become tomorrow’s packaging designers

 The international competition PIDA is a BillerudKorsnäs initiative and is carried out in collaboration with leading universities and colleges in Sweden, the UK, France and Germany. Each year, about 200 design students participate.

“With PIDA we achieve several different purposes at the same time,” says Anders Gathu, Marketing Manager at BillerudKorsnäs. “We aim the spotlight on the importance of packaging for brands, consumer benefits and the environment. We want to shine light on the young talents who will become tomorrow’s packaging designers and bring them together with industry professionals. By offering a meeting place for ideas, innovation and inspiration, we help push industry development forward.”

Natasha Bosnjak, Alicia Lundgren and Christian Koch won the PIDA Grand Finale.

For more information about PIDA, please contact:

Sophie Lindhe, Brand Project Coordinator, BillerudKorsnäs

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production sites in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under

Due to a lower pace in the initial start-up of the new board machine at Gruvön, the effect on the result in the third quarter is adjusted by approximately SEK 150 million. The effects in the fourth quarter and the full year 2020 are expected to be unchanged. The machine is still expected to make a positive contribution to EBITDA in 2021.

billkorlogoThe customer response on produced and sold material is positive and the technical quality is satisfactory. However, production volumes from KM7 in 2019 are expected to be lower than previously planned. This is mainly due to lower pace in the initial start-up in combination with the complexity of the integration with the existing mill. The market demand for the material produced continues to be good and the machine is still expected to run at full production capacity in 2023.

The negative full year effect 2019 on EBITDA for the start-up of KM7 is adjusted from SEK 500 million to SEK 650 million. The effect on the result impacted the first half year by SEK 190 million and is estimated to impact the third quarter by approximately SEK 300 million and the fourth quarter with approximately SEK 160 million.

For further information, please contact:
Ivar Vatne, CFO, +46 8 553 335 07
Lena Schattauer, Head of Investor Relations, +46 8 553 335 10

This information constituted inside information prior to publication. This is information that BillerudKorsnäs AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08:45 CET on 16 September 2019.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4,500 employees in over 13 countries. BillerudKorsnäs has an annual turnover of approximately SEK 24 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in Financial News
Tagged under

BillerudKorsnäs introduces a cost reduction programme to ensure long-term efficiency and profitability. The measures include staff cuts in mainly administration, purchasing-related savings and efficiency improvements throughout the business.

billkorlogoAs a part of a strategic update, BillerudKorsnäs is introducing a cost reduction programme expected to generate positive effects on earnings of around SEK 600 million with lasting effects beginning in 2021. The positive effects in 2020 are expected to amount to approximately SEK 250 million. As part of the programme, BillerudKorsnäs has decided to reduce the number of employees by up to 300. This decision affects the entire operation and negotiations with the trade unions will begin shortly.

“There is considerable potential to increase our cost efficiency within BillerudKorsnäs. We are a well-positioned, fundamentally stable company that continuously improves our operational efficiency. This programme will ensure long-term efficiency and profitability,” says Petra Einarsson, CEO and President of BillerudKorsnäs.  

In addition to increasing the efficiency of the business operations, the updated strategy also involves BillerudKorsnäs accelerating its innovation and repositioning solutions. The strategy focuses on clearer priorities and concrete initiatives that enable strong execution with the aim of continuing to challenge conventional packaging for a sustainable future.

For further information, please contact:
Ivar Vatne, CFO, +46 8 553 335 07
Lena Schattauer, Head of Investor Relations, +46 8 553 335 10

This information constituted inside information prior to publication. This is information that BillerudKorsnäs AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08:45 CET on 16 September 2019.

BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units, in Sweden, Finland and the UK, and about 4,500 employees in over 13 countries. BillerudKorsnäs has an annual turnover of approximately SEK 24 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com

Published in European News
Tagged under
Page 1 of 10

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage. Site Terms and conditions