Home / Knowledge / News / Textiles / Aditya Birla buys Swedish pulp producer Domsjö Fabriker
Aditya Birla buys Swedish pulp producer Domsjö Fabriker
19
Apr '11
Aditya Birla Group announced the acquisition of Domsjö Fabriker, a leading Swedish Speciality Pulp and Bio-refinery Company, through its global companies Thai Rayon Public Company Limited (Thailand) and Indo Bharat Rayon (Indonesia), for a sum of US $ 340 million from a Swedish consortium.

Comments Mr. Kumar Mangalam Birla, Chairman of the Aditya Birla Group: “The acquisition of Domsjö Fabriker, a world-class company, with the most environmentally-friendly technology marks a significant milestone for our Pulp & Fibre business. Its cutting edge technology and production process coupled with a state-of-the-art bio-refinery, add significant value to our Pulp & Fibre operations. Its high quality pulp will enable us enhance the supply of top quality premium VSF to our customers. The Pulp & Fibre business is a core business of the Aditya Birla Group. Domsjö has a highly professional management team and a committed staff. I most warmly welcome them to the Aditya Birla Group.”

Says Mr. K. K. Maheshwari, Business Head, Pulp & Fibre: “This acquisition is in line with our strategy of having a substantive part of our speciality pulp for our consumption through our captive source. With Domsjö Fabriker, we are closer to this goal”.

“As a large quality manufacturer of speciality pulp, Domsjö has a synergistic fit with us. There is a great opportunity to further grow the company. Domsjö has an extensive investment programme for capacity expansion from its current 210,000 tons to 255,000 tons per annum by 2012. We are fully committed to Domsjö's growth. Going forward, our intent is to expand the innovation and research and development efforts at Domsjö as part of our global R&D efforts," added Mr. Maheshwari.

Says Mr. Ola Hildingsson, CEO of Domsjö Fabriker: “For Domsjö, this is great news. Aditya Birla brings a strong financial base and global presence to our operations and strengthens our position in the entire value chain. With a commitment to continue to expand our production facilities and invest further in research and development, Aditya Birla is the perfect owner of Domsjö”.

Speciality pulp produced by Domsjö finds primary use in the textile segment (viscose staple fibre and viscose filament yarn). Around 25 per cent of the production is used in premium applications, such as binding agents for medical products, particularly pharmaceutical tablets and in casings (wraps) for the food industry.

In addition, their bio-refinery enables the Company to extract the full value from its operations by the production of ethanol and lignosulphate as by-products. Ethanol obtained from its bio-refinery is used in bio fuel, paint and printing sectors. Lignosulphate, is used as an additive in concrete, ceramics and dye pigments, among others.

The production process is environmentally sensitive with low levels of emissions. The bleaching process for pulp is totally chlorine free (TCF) and is conducted through a unique closed loop bleaching process. Domsjö thus meets the highest environmental standards.

This acquisition will help the Group's Pulp & Fibre business to further consolidate its global position.

Aditya Birla Group


Must ReadView All

Textiles | On 23rd Aug 2017

US govt initiates Section 301 investigation of China

The US government has initiated an investigation of China under...

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Textiles | On 23rd Aug 2017

Pakistan minister seeks ideas to boost textile sector

The Pakistani Government will come out with short- and long-term...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search