SCA of Sweden has confirmed a new harvesting plan which shows that its harvesting level will increase over the coming five years by an additional one million cubic metres per year over the current level.
SCA is Europe’s largest private forest holding and it offers paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions.
With this increased harvesting level, the company expects additional cash flow per year with full effect from 2025.
In 2019, SCA conducted a new forest survey that showed that the company’s forests had a higher standing volume and a higher growth rate than previously estimated. A higher growth rate gives higher long-term harvesting potential.
The new harvesting plan has been confirmed and it is based on calculations of the development of the forest over more than one hundred years into the future. It shows that harvesting over the coming five-year period can successively increase from today’s level of 4.3 million cubic meter solid wood under bark (m3sub) to 5.4 million m3sub per year.
The company did not say where the increased harvesting would occur.
In Sweden SCA manages and maintains 360,000 hectares of forest land in Medelpad, 791,000 hectares in Jämtland, 475,000 hectares in Ångermanland, 360,000 hectares in Västerbotten, 500,000 hectares mostly located in Norrbotten and it owns 10,400 hectares in Latvia. Altogether the company’s forest holding is 2.6 million hectares. The company also purchases timber from private forest owners.
The company’s forest is 36% spruce, 40% pine, 15% deciduous, and 9% Pinus Contorta with an annual harvest from its own forest of 21,000 hectares with an annual harvest volume of 4.4 million cubic metres.
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