SCA to Invest $105 Million in One of its Tissue Operations in Mexico

SCA to Invest $105 Million in One of its Tissue Operations in Mexico

SCA said that it will invest about USD 105 million (approx. SEK 950m) in one of the company’s tissue facilities in Mexico to further strengthen competitiveness and enable future growth in that region.

SCA explained that the investment in Mexico will support its high-quality tissue offering under the Regio brand.

“The investment is aligned with the company’s strategy to streamline production and secure capacity for future growth in order to increase value creation in the Tissue business area,” SCA said in a press release.

In addition, SCA will also invest about EUR 40 million (approx. SEK 380m) in facilities in Europe to strengthen its offering of baby diaper products.

SCA did not disclose specific facilities in Europe that would be involved in the investment.

Source: SCA