Nov. 11, 2009 - SCA said that it has reached an agreement to sell its Italian Pratovecchio tissue mill and paper machine to Cartiera Carma, a privately-owned company based in Italy.

The deal follows SCA's strategic decision to consolidate supply-chain operations in Italy to the Lucca area.

The paper machine has a capacity of approximately 20,000 tonnes per year. The 24 employees currently working at the mill will continue their employment, SCA said.

SCA expects to finalize the deal before the end of December.

SOURCE: SCA

See related story:
» » SCA Restructures Operations in Italy, France (3/27/2009)