Q2 2017 highlights: • Comparable EBIT increased by 2% to EUR 270 million (264 million in Q2 2016). • Favourable market demand continued. • High maintenance activity and seasonally higher fixed costs impacted comparable EBIT by approximately EUR -20 million compared with Q2 2016, EUR -45 million compared with Q1 2017. • Solid operating cash flow at EUR 269 million (434 million). • Net debt decreased to EUR 1,046 million (1,876 million). • UPM announced new focused investments at the Kaukas pulp mill and Tampere labelstock factory. Click Read More below for additional details.
The innovation concerns a sizing additive that SCA has developed to improve the production of water resistant, hydrophobic, paper. The additive can be produced in a green sustainable manner.
The new sizing additive can completely replace the addition of commercial sizing agents in the paper production. The resulting paper exhibit improved water resistance and UV-light stability.
Since the depolymerized lignin can be produced from byproducts from a pulp mill the resulting sizing additive is sustainable and cost effective.