Publicly traded Aktiebolag | |
Traded as | Nasdaq Stockholm: SCA B |
Industry | Personal care |
Founded | 1929 |
Headquarters | , Sweden |
Key people
|
Pär Boman (Chairman), Magnus Groth (President and CEO) |
Products |
Tissue Personal care products Publication paper Sawn wood products Wood pulp |
Revenue | SEK 117,314 million (2016) |
SEK 11,279 million (2016) | |
Profit | SEK 6,012 million (2016) |
Total assets | SEK 165,748 million (end 2016) |
Total equity | SEK 79,519 million (end 2016) |
Number of employees
|
46,429 (December 2016) |
Website | www.sca.com |
Svenska Cellulosa Aktiebolaget (SCA, English: Swedish Cellulose Company) is a Swedish consumer goods company and pulp and paper manufacturer with headquarters in . It has approximately 44,000 employees and a turnover of approximately SEK 104 billion (€11,1 billion). Its main products include personal care products (incontinence products, baby nappies and feminine hygiene products), tissue (toilet tissue, kitchen towels, handkerchiefs, napkins etc.), publication papers, solid-wood products and forest-based biofuel. The company's ten largest markets are Germany, United Kingdom, United States, France, Sweden, Italy, the Netherlands, Spain, Denmark, Australia, Mexico and Belgium. SCA is Europe's largest private owner of forest land, with 2.6 million hectares, the size of Macedonia. (Sweden's largest forest owner is the governmental Sveaskog with 3.3 million hectares, an area slightly larger than Moldova.)
SCA was founded by Ivar Kreuger in 1929 as a holding company for ten Swedish forest industry companies. Following Kreuger's bankruptcy in 1932, the company came to be controlled by the bank Handelsbanken, who along with associated funds and companies continue to control SCA. Axel Gustaf Torbjörn Enström was the managing director from 1950 to 1960 and chairman of the board from 1960 to 1965.