12 September 2013

SCA to invest SEK 150 million in India

Stockholm, Sweden – 12 September 2013 - SCA will invest about SEK 150 million in local production of hygiene products in southwest India. Production at SCA’s own plant is planned to commence in 2015. The brands that SCA intends to launch in the Indian market include 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.

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:

SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. 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. 

Source: SCA