Holmen Iggesund Explained

Holmen Iggesund
Type:Aktiebolag
Foundation:1685 Iggesunds Bruk, 1949 Iggesund IPO
Location City:Iggesund
Location Country:Sweden
Industry:Pulp and paper industry
Products:Paperboard

Invercote, Incada and Inverform

Revenue:SEK 5 252 million (2016)
Net Income: SEK 903 million (2016)
Num Employees:1,406 (2016)
Owner:Holmen Group(100%)
Homepage:www.iggesund.com

Holmen Iggesund is a premium paperboard company, part of the Holmen Group. Holmen is one of the largest forest owners in Sweden which bases its business in the forest industry and the pulp and paper industry. Holmen's main products are paperboard for consumer packaging and graphical applications, printing paper for magazines, direct mail, books and newspapers.

History

Iggesund is an industrial village in Sweden. Isak Breant Sr, a businessman and former court commissioner to Queen Kristina, established there a mill in 1685. Iggesunds Bruk (English:mill) was originally an ironworks, and the nearby forests were used to produce charcoal for the factory. In 1771, Iggesund Bruk acquired a small nearby company that made paper, Östanå paper mill. It was one of the first to try to use sawdust and wood to produce paper. However, the technique remained experimental. The mill burnt down in 1842. In 1869, Baron Gustav Tamm became the owner of Iggesunds Bruk, and built a large sawmill. It was a major transformation for the factory, which had always been an ironworks. Iggesund's shares were first listed on Stockholmsbörsen in 1949. Lars G. Sundblad introduced paperboard manufacturing at Iggesund, which started in 1963. The merger of MoDo, Holmen and Iggesund resulted in the delisting of Iggesund shares from Stockholmsbörsen (1988), making Iggesund part of the holding, which was renamed to Holmen AB in 2000 [1]

Products

Holmen Iggesund's product range consists of two product families:

Mills

Iggesunds Bruk manufactures solid bleached board (SBB, GZ) for the Invercote range in Iggesund, Sweden.

Workington manufactures folding box board (FBB, GC1, GC2) for the Incada range in Workington, England

Ströms Bruk produces plastic-coated and laminated paperboard on the basis of paperboard from Iggesund and Workington at a capacity of 40,000 tons/year in Strömsbruk, Sweden [4]

Locations

Head Office:

Sales offices:

Sales agents:

Distribution terminals:

See also

External links

61.6466°N 17.0796°W

Notes and References

  1. Johannsson, Jessica: "The History of Iggesunds Bruk", 2001.
  2. Web site: Invercote Family Introduction. 2009-09-17. Iggesund Website. 2008-10-15. https://web.archive.org/web/20081015035452/http://www.iggesund.com/main.aspx?ID=B3854D06-5391-4CE9-BC50-405B4D3242F4. dead.
  3. Web site: Incada Family Introduction. 2009-09-17. Iggesund. Iggesund Website. 2008-10-15. https://web.archive.org/web/20081015035445/http://www.iggesund.com/main.aspx?ID=79BD8FF7-B361-4439-9420-556C1A74B126. dead.
  4. Web site: HOLMEN Annual Report 2008. 2009-09-17. Holmen Website.
  5. Web site: Welcome to Iggesund. 2009-09-17. Iggesund Website. 2009-01-09. https://web.archive.org/web/20090109052239/http://www.iggesund.com/main.aspx?ID=F0F974C2-4858-4463-9EBB-BE79631D26F3. dead.