Press Room

 

5/6/2013

Press release: Sale of paper machine in Gävle
In order to satisfy one of the conditions set by the EU Commission for approval of the combination between Billerud and Korsnäs, an agreement has been signed with SwedPaper AB ("SwedPaper") concerning divestment of a paper machine (PM2) at the Gävle production unit. Production at PM2 in 2012 accounted for approximately 2% of BillerudKorsnäs’ total combined sales volume.

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2/8/2013

Press release: Year-end report January-December 2012

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11/27/2012

Kinnevik: The combination between Korsnäs and Billerud to close on 29 November 2012
The relevant competition authorities have now approved the combination between Korsnäs and Billerud. All relevant conditions have been met and the transaction is planned to close on 29 November 2012.

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10/19/2012

Kinnevik: Interim report 1 January - 30 September 2012

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7/20/2012

Kinnevik: Interim report 1 January - 30 June 2012

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6/20/2012

Billerud and Korsnäs to merge, creating a leading packaging materials company

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6/20/2012

Kinnevik: Korsnäs to merge with Billerud – Kinnevik will be the largest owner in the combined company
Investment AB Kinnevik (”Kinnevik”) today announced that it has signed an agreement with Billerud AB regarding a merger between Korsnäs and Billerud (“the Transaction”). Kinnevik will receive SEK 2.7 bn in cash consideration and will be the largest owner in the new company with an ownership stake of 25%, all net after the planned rights issue in Billerud amounting to SEK 2 bn. The shares in the new company have been assigned a value of SEK 2.6 bn in the Transaction. Billerud will take over debt in the amount of SEK 5.7 bn relating to Korsnäs and Latgran. Korsnäs is thus valued at approximately SEK 11 bn.

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4/19/2012

Kinnevik: Interim report 1 January - 31 March 2012
Financial results for the first quarter

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10/26/2011

Press release: Korsnäs pioneers EPDs
As the first company in the forest industry, Korsnäs introduces complete Environmental Product Declarations (EPDs) for its entire range of products. It is an initiative that ensures transparency in terms of environmental performance and that invites to comparisons with materials with declarations complying with the same international documentation standard.

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10/20/2011

Kinnevik: Interim report 1 January - 30 September 2011
Financial results for the third quarter

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5/20/2011

Korsnäs scholarship 2011
Korsnäs rewards students at the University of Gävle for the 15th consecutive year

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5/10/2011

Press release: Korsnäs' first Sustainability Report
Korsnäs AB’s first Sustainability Report covers the 2010 calendar year with information on our organisation from a sustainability perspective.

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4/20/2011

Kinnevik: Interim report 1 January
31 March 2011: Financial results for the first quarter.

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4/14/2011

Press release: Korsnäs first to introduce EPD
Korsnäs is the first company in the forest industry to supply the market with complete environmental declarations for a broad range of products according to the international EPD standard. The international EPD system sets a standard for the methodology of measuring, compiling and presenting the particulars of environmental performance.

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1/18/2011

Kinnevik: Korsnäs fourth quarter results 2010
Investment AB Kinnevik (publ) ("Kinnevik") today announces that, as a result of production disturbances in the fourth quarter, the production and operating profit in Korsnäs is lower than anticipated. Production was approximately 240 Ktonnes and the operating profit is expected to amount to approximately SEK 115-120 million in the fourth quarter 2010 (SEK 242 million). Operating profit for 2010 is still expected to increase to approximately SEK 925-930 million (SEK 851 million).

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12/10/2010

Deregulated rail services ensure environmentally sound transport

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11/15/2010

Korsnäs climbs to a new position
In the 2010 Opticom Brand Tracking Survey for Consumer Packaging, the Korsnäs brand emerges as a contender. In three of the most important markets – France, Germany and the UK – Korsnäs ranks among the top brands*.

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11/15/2010

Major Environmental Investment Inaugurated
Korsnäs Gävle has built a new evaporation plant. Korsnäs Gävle has invested a total of SEK 570 M to enhance energy efficiency and cut emissions. The investments mean that oil consumption will decrease by nearly 50 percent and that carbon dioxide emissions will therefore fall by the same amount.

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11/15/2010

Investment in new sheeting machine at Korsnäs Frövi
Sales volumes for sheet products in the Cartonboard business area have increased steadily in recent years. At Korsnäs Frövi, we have two machines with a total annual sheeting capacity of 60,000 tonnes, but this is not enough to meet future market needs. For this reason, we have decided to increase capacity in sheeted materials by acquiring a further sheeting machine at Korsnäs Frövi. The investment, totalling SEK 30 million, includes measures affecting existing equipment and premises as well as new machinery.

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10/21/2010

Kinnevik: Interim report 1 January- 30 September 2010

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10/19/2010

Going green in the luxury market
Today’s customers are aware. They are used to placing personal demands on brands. And they are sensitive to how brands handle their environmental responsibility. A typical tell-tale sign is the packaging. Because packaging is not only about design and function, it’s also about the management of the planet’s resources and the impact on the environment.

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9/1/2010

Koprsnäs supports RAPATAC, Sweden

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7/22/2010

Kinnevik: Financial results for the second quarter

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6/1/2010

Major environmental venture - Linde Energi and Korsnäs

46-metre-tall accumulator tank cuts oil consumption further in award-winning district heating collaboration

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5/24/2010

Major environmental investment inaugurated at Korsnäs Gävle

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5/24/2010

Korsnäs rewards students at the University of Gävle for the 14th consecutive year

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4/26/2010

Production at Korsnäs Frövi and Korsnäs Gävle paper mills to restart

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4/26/2010

Strike called at Korsnäs Frövi

Strike called at Korsnäs Frövi – all production at Korsnäs is brought to a halt.

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4/26/2010

Press release: Swedish Paper Workers Union turns down SEK 800-900 more a month

Press release from Korsnäs Frövi

Swedish Paper Workers Union turns down SEK 800-900 more a month for Korsnäs employees.

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4/26/2010

Press release: Swedish Paper Workers Union turns down SEK 800-900

Press release from Korsnäs Gävle.

Swedish Paper Workers Union turns down SEK 800-900 more a month for Korsnäs employees

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4/22/2010

Interim Report 2010 January - March

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4/16/2010

Due to ongoing strike in Gävle and announced strike in Frövi all production at Korsnäs will be stopped

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2/17/2010

Kinnevik: Year end report 2009

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12/11/2009

KORSNÄS INVESTS SEK 456 M IN MORE ENVIRONMENTALLY FRIENDLY ENERGY

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10/26/2009

Ulf Eliasson is appointed as the new Mill Director for Korsnäs Gävle

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10/22/2009

Kinnevik: Interim Report January-September 2009

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10/1/2009

Fire at Korsnäs's Frövi mill

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7/23/2009

Kinnevik: Interim Report January - June 2009

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4/23/2009

Kinnevik: Interim Report January-March 2009

Financial results for the first quarter

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3/10/2009

Press Release: Acquisition of Rockhammars Bruk

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2/17/2009

Kinnevik: Year- end Release 2008

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11/12/2008

Press release

Press release 12 november 2008:

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10/23/2008

Interim Report 1 January - 30 September 2008

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9/8/2008

Press release from Kinnevik

Korsnäs invests to reduce energy costs

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7/26/2008

Interim Report

Kinnevik: Interim Report 2007 1 January - 30 June

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7/24/2008

Interim Report

Kinnevik: Interim Report 1 January - 30 June

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7/4/2008

New Chief Executive Officer of Korsnäs

Press Release from Kinnevik: Christer Simrén appointed new CEO of Korsnäs

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7/1/2008

New Family Name for Korsnäs Cartonboard

Effective July 1, 2008 we will change the family name of Frövi White, Frövi Carry and Frövi Light. The new product names will be:

Korsnäs White
Korsnäs Carry
Korsnäs Light

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5/12/2008

Press Release from Kinnevik

The CEO of Korsnäs has asked to be releved from his duties

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4/4/2008

Interim Report

Kinnevik: Interim Report 1 January - 31 March 2008

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2/19/2008

Year-end report 2007

Investment AB Kinnevik: Year-end report 2007

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2/8/2008

Big investment in green transport for Korsnäs

Korsnäs AB has launched operations of a new rail-based distribution system that is expected to dramatically reduce carbon dioxide emissions from outgoing transports. The new system is also expected to provide greatly improved service.

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1/3/2008

Korsnäs AB to acquire Karskär Energi AB

Korsnäs AB, which previously owned 41% of the shares in Karskär Energi AB, has today signed an agreement to acquire the remaining 59% of the shares in Karskär Energi AB from E.ON Sverige AB for a consideration of SEK 200 million.

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10/25/2007

Interim Report

Kinnevik Interim Report 2007 1 January - 30 September

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BillerudKorsnäs media

Contact

Siv Bergenström
+46 (0)581-37 107
+46 (0)70-345 10 94
siv.bergenstrom@billerudkorsnas.com

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