BillerudKorsnäs invests for growth in sack paper markets

BillerudKorsnäs continues to act according to their growth agenda. This time
with an investment of SEK 260 million at their production unit in Skärblacka
that will increase the volume and improve the quality of sack papers produced
there.
The BillerudKorsnäs Board of Directors has approved a SEK 260 million investment
for sack paper machine 9 at the Skärblacka production unit. The investment will
further add to the quality leadership of the BillerudKorsnäs sack paper range
and will also increase the capacity of the machine by 20 000 t/a up to 180 000
t/a. The investment is a part of the growth agenda Selective Growth for
BillerudKorsnäs Business Area Packaging Paper.

Paper machine 9 produces high quality brown sack papers that are used for the
construction of sacks primarily for packaging of cement, other construction
minerals and chemicals. Most of these papers are sold in emerging markets
outside of Europe.

- We see strong potential for our sack papers in South East Asia, where our sack
paper brand QuickFill is a quality leader. In those regions, cement and other
construction minerals are very often packed in plastic sacks. Sacks made out of
our material offer the brand owner large benefits when it comes to production
economy, but also when it comes to sustainability and health – says Johan
Nellbeck, SVP Packaging Paper.

The investment includes the head box and wire section of the paper machine and
it will be carried out during 2015. For BillerudKorsnäs, the investment is an
outcome of the asset review that has been conducted. It is an important step in
the development of the Skärblacka production unit and follows after successful
investments in energy and environment since 2012.

As previously communicated, the BillerudKorsnäs capex levels for 2015 and 2016
will be above the depreciation level.

For further information, please contact:

Johan Nellbeck, SVP Packaging Paper, +46 8 553 335 00
Henrik Essén, SVP Communication and Sustainability, +46 8 553 335 00

The information in this press release is such that BillerudKorsnäs AB (publ) is
obliged to disclose under the Swedish Securities Market Act and was submitted
for publication at 07:05 CET on 28 October 2014. This release has been prepared
in both a Swedish and an English version .
BillerudKorsnäs – Förpackningstillverkare och varumärkesägare erbjuds mervärde i
form av varumärkesförstärkande, produktivitetshöjande och miljöbefrämjande
förpackningslösningar. BillerudKorsnäs har en världsledande marknadsposition
inom nyfiberbaserade förpackningsmaterial. Bolaget omsätter ca SEK 20 miljarder
och är noterat på NASDAQ OMX Stockholm. www.billerudkorsnas.se