Professional Documents
Culture Documents
have you
Looked in the
restaurant's
bathroom?
water treatment
you can carry
Heat-smart
packaging
why forests
are getting
richer
Incontinence:
Real men
talk about it
60 years on the stock exchange ★ Windpower by boat
Content N 4 2010
6
most of their free time.
06 Shape cover
Men who experience incontinence usually don’t
want to talk about it. Many find it shameful and
don't take advantage of the help that’s available.
14–19 trend
Bathrooms add to the impression a restaurant
20
makes. The forest is an increasingly attractive
resource for future materials and fuels.
20 Profile
Meet the inventor Petra Wadström who saves lives
by making sun and water cooperate.
24 outlook
Toilet paper is a modern-day luxury that is not
available to many people in the world. Here are
some alternative methods for cleaning up.
17 27 technology
A high-tech box can sense the outside temperature
and regulate the inside temperature accordingly.
Here’s how it works.
24 30 SCA Inside
Read about how SCA transports wind turbines by
sea and who won this year’s Design Challenge.
34 Economy
SCA Shape is a magazine from SCA, primarily geared toward share- Publisher Camilla Weiner Managing Editor Marita Sander
holders and analysts, but also for journalists, opinion leaders and oth- Editorial Marita Sander, SCA, Anna Gullers, Göran Lind
ers interested in SCA's business and development. Shape is published and Kristin Päeva, Appelberg Design Tone Knibestöl and
four times a year. The next issue is due in March 2011. Ersan Curuklu, Appelberg Printer Sörmlands Grafiska
Address SCA, Corporate Communications, Box 200, 101 23 Stockholm, AB, Katrineholm Cover photo Pysse Holmberg.
Sweden Telephone +46 8 7885100 Fax +46 8 6788130
SCA Shape is published in Swedish and English. The contents are printed on GraphoCote 80 gram from SCA. Reproduction only by permission of SCA Corporate
Communications. The opinions expressed herein are those of the authors or persons interviewed and do not necessarily reflect the views of the editors or SCA.
You can subscribe to SCA Shape or read it as a pdf at www.sca.com.
nest
tagon
the Pen e 666
uses soms
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et tissu
of toil day.
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So u rc r ld.co m
e t pa p e r wo
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photo: treehouse
Hotel bird’s
If you’d like to be as close to nature as natural camouflage. The interior is made
possible, then Treehotel in Harads, Swe- of plywood, and the windows provide a
den, north of Luleå, may be the place for panoramic view in every direction.
you. You can literally live in the treetops To prevent birds from flying into the
and be one with nature. The Treehotel walls, an infrared film has been set in the
project is a collaboration between Scan- glass. The color is invisible to humans,
dinavia’s leading designers and architects, but birds can see it. The Mirrorcube
Did you know that 55 percent and guests can choose from among seven accommodates two people with a double
of Poles are afraid of catching different “rooms” set in the treetops. One bed, toilet, lounge and roof terrace.
diseases when using public bath-
of the rooms, the Mirrorcube, is hard to A 39-foot-long bridge leads up to the
rooms at work?
spot among the trees because the walls Mirrorcube.
sOURcE: Tork
are clad in reflective glass that creates a Read more at www.treehotel.se
ph …
78 m
climate ideas
WWF has presented its annual list of climate innova-
tions that reduce the world’s CO2 emissions. Together
these solutions have the potential to reduce carbon
dioxide emissions by 300 million tons a year if distrib-
uted globally. That is more than five times Sweden’s
annual emissions, according to Håkan Wirtén, secre-
tary general of WWF Sweden.
wo
co
Surveys show that 60 percent nerve damage as a result artificial sphincter around
uilt in in
rn u
of men who have experienced inconti- of a stroke or nervous dis- their urethra. Many are
nder tig
nence problems do not use any protec- order like Parkinson’s or also helped by pelvic ex-
th b
tion at all. Others buy women’s sani- multiple sclerosis. Other ercises, according to Dr.
wi
ht
e ns
for women, or perhaps they use their tate enlargement and urinary But as Dr. Hugosson says,
w . je
er ans .
Und
wife’s products. tract infections, but bladder “There are surveys indicating
Toilet paper or socks in their under- conditions such as bladder stones or that the best effect is achieved through
wear are not unusual – there is consid- bladder tumors could be at fault. Smok- a combination of pelvic exercises and
erable inventiveness. For many men, it’s ing, excess weight and diabetes can general physical activity. I usually send
a problem they don’t mention by name, also cause incontinence. all my patients to the gym.”
much less try to find a solution to. It’s “Over the long term, I think the most He recommends that anyone who has
not uncommon for such problems to common cause will be prostate cancer incontinence problems should immedi-
lead to depression. surgery,” says Dr. Hugosson. “It is by ately seek help.
“Today there are so many aids to far the most common form of cancer “There are so many different causes
choose from that urine incontinence among men in the West and moreover that it’s important to have a thorough
need not be a big bother,” says Kerstin continues to increase in frequency.” examination,” he says. “That’s especially
Cronwall, a urotherapist at Karolinska In prostate cancer surgery, the en- true if you start to get urges, leakage dur-
University Hospital in Stockholm. tire prostate is removed. As long as ing the night or blood in your urine. Then
Some incontinence problems, like the prostate remains, it works to keep you need to seek help. However, people
those following a prostate operation, pressure on the urethra. When it is re- shouldn’t worry so much about a few
often disappear after a while. Others moved, there is only a space remaining, drops of after-dribble. That’s something
can be eliminated with surgery. Still which often leads to incontinence prob- that almost any man experiences every
others can be successfully treated with lems immediately after surgery. After once in a while.”
Incontinence may
disrupt everyday life
40 percent of men waited more than a year
before they consulted a doctor for their problem.
Almost half indicated that their incontinence
problems had adverse effects on their sleep.
The proportion of men who felt depressed
ranged from 16 percent in Germany to 23 per-
cent in Sweden.
Between one-third and one-half thought
that intimate relations with their partner had
deteriorated.
Many people found that their social life was
affected. More than a quarter of German men
and a third of Swedish men stopped pursuing
leisure activities they enjoyed previously.
Source: TENA Men’s “The LUTS Report: Pan-Eu-
ropean insight into male incontinence.”
LUTS
stands for lower urinary tract symptoms. The
survey included 1,134 men with incontinence
problems and 988 female partners in Britain,
Germany, Sweden and Italy in February and
March 2010.
Different types of
incontinence
Urge incontinence. The most common type
of incontinence among men. Involves a strong,
sudden urge to pee that can result in the bladder
emptying before a person can make it to the bath-
room. An overactive bladder means that a person
has to pee more often than normal, perhaps sev-
eral times a night.
Stress incontinence. Unusual among men.
May occur after prostate cancer surgery and
involves urine leakage as a result of physical
stress like coughing, laughing, lifting heavy
objects or working out.
Overflow incontinence. A constant or spo-
radic urine leakage when the bladder is weak or
stretched.
After-dribble. Something that most men experi-
ence and is usually nothing to worry about. A
good strategy is to take your time when going to
the bathroom.
Clever solutions
keep life on the move
text: Elisabet Tapio-Neuwirth
Paul Boos, 79, who lives in the cups of urine run out a day, depending problems, and when they meet they can
town of Sonthofen in southern Ger- on what I do. During the night, it’s not talk about all the taboos and fears they
many, is an unusually active man. He a problem, but in the morning I have a encounter.
bikes as long as there is no snow and hard time holding it, especially if I walk “Almost all the men with inconti-
does cross-country skiing in the win- or stand.” nence problems that I meet can barely
ter. He also holds lectures on inconti- Boos has solved the problem of leak- dare to talk about the problem with
nence. Seven years ago he had surgery age with incontinence protection for their loved ones. Many are ashamed.
for prostate problems, and two years men. He checked out all the products The majority have gone through pros-
later he had an operation for an ingui- on the market before he found the in- tate surgery and are in the best years
nal hernia in which his peritoneum continence product for men that suits of their life – between 50 and 70 – and
was reinforced with a plastic weave. him and his anatomy. It’s important suddenly they have problems not just
The method usually works well, but in that the protection fits well so that with impotence – they’re also wetting
Boos’s case some nerves and even his you can have a good quality of life, he themselves. In the region where I live,
prostate were damaged by the weave. notes. religion also plays a role. As a Catholic,
“I was operated on one more time, but “At the hospital, I was given the you don’t talk about your private parts
the damage couldn’t be repaired. After very cheapest protection and it really – it’s taboo.
the surgery, I was 100 percent inconti- wasn’t up to snuff,” he says. “It was “But it’s important to talk, to know
nent. I couldn’t hold it. Instead, all my soaked through right away. I got to try about yourself and learn new things.”
urine – almost 11 cups a day – simply ran out incontinence pants that fit well, but
right out of me. It was incredibly frighten- they rustled when I moved and I didn’t Boos says many men are afraid to
ing and frustrating,” he says. want other people to hear the problem go out because they suffer from incon-
Boos was referred to a physiothera- I had.” tinence. Urine can begin to leak out at
pist, who taught him special pelvic That’s because the topic of inconti- any time – at the movies, the theater,
exercises that gradually strengthen the nence is a difficult one – especially for a soccer game. They’re afraid they’ll
muscles in his groin. Today, he is 70 men, Boos believes. To help others in smell. So it feels a lot safer to stay
percent better just with exercises. the same situation, he has started self- home, even though life is a little grayer
“Nowadays, between one and two help groups for men with incontinence than before.
Boos has found ways to stay as active pack extra underwear and pants in a big
as he wants to be. On bike rides and on bag. And then I never wear light-colored
cross-country skiing outings, he rarely pants in summer, only dark-colored
leaks. Walks are harder, but he has his ones – if I leak, it won’t show.”
tricks. Boos has even written a book about
“You just have to be a little clever. I his incontinence problems – a humor-
make sure that I walk in places where ous work that he hopes will help and
there are forested areas or shrubbery. inspire men in the same situation.
If a few drops come out, I can sneak in “With practice, experience and hu-
somewhere and change my incontinence mor, you can overcome a lot of prob-
protection. If I’m out on a longer trip, I lems,” he says.
a n international survey
conducted by the con-
sumer analysis company
Harris Interactive finds
that restaurant guests put great impor-
tance on the impression they get from
restrooms. Inside the bathroom of the
Greek restaurant Greken på hörnet in
a major investment of that sort yields
profits many times over.
“It’s all related,” he says. “Someone
who gets a positive impression from the
bathroom views the whole restaurant
as being clean – and vice versa.”
Not surprisingly, the most critical
factor is hygiene. This is reflected both
Stockholm, a crystal chandelier hangs in the survey and in Giassemis’s experi-
from the ceiling and guests are offered ence. But scents and lighting are also
real perfume when they visit the lava- features that are particularly impor-
tory. That may seem like going over- tant. And that doesn’t mean artifi-
board, but manager and part-owner cial bathroom fragrances, Giassemis
Giannis Giassemis is convinced that stresses.
“It has to be real perfume,” he says.
“Perfumes have a completely different
The survey smell, and they also give visitors that
little extra something that makes them
bout 75 percent of respon-
A
dents from a number of coun- feel appreciated and special. That kind
tries said they would not go of thing builds a good reputation and
back to a restaurant if the bath- means the customers you already have
room was in poor condition. will come back.”
86 percent think that the Giassemis further notes
hygiene at a restaurant is im-
that good ventilation is a
portant for the overall experi-
ence, and 88 percent think the must – both out of con-
hygiene in bathrooms reflects sideration to people who
the overall hygiene of the res- have asthma and for the
taurant. whole hygiene experience.
42 percent use paper to avoid As for lighting, it
touching surfaces in a dirty
should be the same
bathroom.
The survey was conducted by in the bathroom as
Harris Interactive on behalf of elsewhere in the res-
SCA and included 2,175 adult taurant, Giassemis
Americans. emphasizes – once
again, for that
the forest
It won't be long until
this car has a forest in the tank.
New applica-
tions for bio-
material at SCA
SCA is involved in a number of
different projects aimed at pro-
ducing a higher degree of added
value and more efficient use of
the large quantity of forest raw
materials owned by the company.
“The largest flows today are
sawn products and various types
of paper,” says Per-Johan Ahlzén,
business group manager at SCA’s
R&D Center in Sundsvall, Sweden.
“We’re now looking at different
ways to expand our product port-
folio.”
Research projects that are under
way include areas such as more ef-
fective packaging and new types
of materials and fuels. “A lot of the
work involves replacing oil-based
t
materials with forest-based prod-
ucts and making today’s products
with fewer resources.”
One example at SCA Packag-
he traditional view of forests Perhaps the most amazing applica- ing involves replacing oil-based
as primarily a source of raw tion involves something called MFC, plastic with an environmentally
friendly alternative. The material,
materials for paper and wood or microfibrillar cellulose, which is
based on raw materials from the
products is changing. There produced by breaking the cellulose plant world, can be used as shock
are two reasons for this. First, greater fibers into such small components that protection in packaging to pro-
added value and better use of resources they are not even visible using a nor- tect sensitive electronic goods.
can produce economic gains. Second, mal microscope. These minute par- SCA has also begun collaborations
there is a growing need to find environ- ticles can then be reconstituted into an with other companies to increase
knowledge about how MFC can be
mental substitutes for oil-based fuels, unlimited number of materials with used to create new products.
packaging, construction materials and different properties. Another exciting initiative, the
chemicals. Tom Lindström, a professor at Virgin Car, involves creating en-
the Royal Institute of Technology in vironmentally friendly cars based
Stockholm and the research institute on biomaterial in a partnership
Innventia, has conducted research in between SCA, Volvo and several
other companies, universities and
the field for years. research institutes. More informa-
“The problem up until now has been tion is available at
to find production methods that are www.biomaterial.se.
sufficiently cost-effective and energy-
efficient,” he says. “But we’re now on
the verge of developing methods where tremely strong and lightweight. One no-
this is possible on a large scale.” table application is as a substitute mate-
Using microfibrillar cellulose, rial for plastic in cars, which yields two
products can be created that are ex- distinct environmental benefits. First,
it represents a material that is more en-
Microfibrillar cellulose (nanocellu-
vironmentally friendly on its own. Sec-
lose) has many applications. It gives
strength to paper and plastics, among ond, it results in lighter cars that require
other uses. less fuel. Other potential applications
Lifesaver
with sun and water
Petra Wadström’s ingenious invention Solvatten provides
clean water where ther’s no electricity and can save
thousands of lives. It reduces deforestation and increases
the chances of poor people making a living.
Text: Per Öqvist PHOTO: solvatten
Clean water, which most people in about her invention as she enthusiasti- now invented Solvatten.
the West take for granted, is something cally describes what Solvatten could It looks like a large book when you
that more than a billion people in the mean in the long term. open it, with two containers that are
world don’t even have access to. Each She got the idea when she lived for a filled with water through a filter. It’s
year, 3.5 million people die from dirty year in Sydney with her husband, Calle, set at a 90 degree angle to the sun. Af-
drinking water. More than 2 million who had a research grant for cancer ter two to six hours the water reaches
are children. diagnostics. As an artist, she joined 131ºF (55ºC).
In large parts of the world, one child an artists’ collective with aboriginal The heat, together with the sun’s
out of five doesn’t even survive to the women. As an inventor, she saw how UV rays, cleans the water and destroys
age of five. The lack of drinking water the sun shone brightly without the en- the DNA code so water-borne bacte-
and poor hygiene kill more children ergy being put to use and mulled it over. ria that cause cholera, dysentery, worm
than war. On trips to Africa and Asia, she saw diseases, e-coli and typhoid cannot
“As a mother of four, I know how how women were forced to carry water reproduce.
terrible it is when your child gets sick – many miles and heat it with wood tak- In a pilot program funded by the
there's nothing worse,” says Petra Wad- en from depleted rainforests to make agency UN-Habitat, 300 families in
ström, the inventor of Solvatten, which the water drinkable. Kenya and Nepal, or more than a thou-
means “sun water”. sand people, got to test Solvatten.
“Without using electricity or chemi- After having earlier invent- “One of the greatest moments in my
cal additives like chlorine, Solvatten ed Opbra, a postoperative recovery life was when I visited Kabula in west-
heats and purifies up to 9 gallons of wa- bandage for breast cancer patients, ern Kenya a year later, totally unan-
ter a day. In many poor countries, that’s Osnodd, a string that prevents thieves nounced, and got to see how after the
equal to the use of an entire family.” from stealing wallets from purses, and trial had ended everyone was still using
It’s clear she’s proud and happy a drawing board that uses sand, she has Solvatten. With tears in my eyes,
Faso, Mali and Ethiopia with access to “I was also a nature guide and SCA
Solvatten. taught children to live close to nature. and water
For seven years after returning to I’ve been a storyteller at a library and
SCA uses large quantities of water
Sweden from Sydney, Petra worked to taught inmates at a local Prison to
to produce paper and pulp. Two
develop the product. Everyone in the paint.” water targets for 2005-2010:
family helped out in different ways, To reduce water usage by 15 percent.
and that means a lot to her. Petra Wadström grew up as the To reduce the organic content of
“We’re very close. When the kids youngest child in a family of artists, water used by 30 percent.
were small, we had a farm with sheep and her artistic background has been By the end of 2009, water usage
had been reduced by 4.9 percent.
and different crops. We lived simply useful.
The organic content of the water
and learned how to live close to nature. “As an artist, a lot of it is about sim- had been reduced by 40 percent,
I had my studio under the barn and plifying as well as questioning tradi- far above the target.
didn’t just paint but had an art school tions and old solutions. Perhaps that’s
for children. why Solvatten exists today.”
US
Corncobs and newspaper were
common accompaniments for
people going to the bathroom in
the 19th century American West.
France
Paper prevails today in the
home, but the bidet can still
be found and is considered to
be more gentle.
Hawaii
Coconut shells have
been used for many
Hawaiian behinds.
From sticks to
paper on a roll
The Chinese were first, but it was the Americans who trans-
formed toilet paper into a major industry. In toilet paper’s journey
through history, not everyone headed for the privy has been
enthusiastic about the paper option.
text: Mattias Andersson photo: iStock
Scandinavia
The ancient Vikings used leftover
sheep’s wool. The favorite among
campers is still leaves, although
novices are cautioned to beware of
stinging nettles.
Italy
In classical times, Romans used sponges
on the end of a stick. The sticks were kept
in a container with salt water. Wool or
rosewater were used by the affluent.
The Arab
world and
India
Water and the left hand are
still commonly used in the
Arab world and the subcon-
tinent. Japan
Japan has the most high-tech
alternative with its “spray toilets,”
which clean both themselves and
their users. Among the earlier
Africa methods is chu-gi, a stick intended
for lavatory use.
Water is often used here too, as
is newspaper and catalog paper,
which was also the main option in
the West before toilet paper.
The history of modern paper “simply dry themselves with paper.” struments for cleansing after a visit to
began in China in the third century BC, During the 14th century, the Chinese the toilet.
and it was here that the product also emperor began to order sheets of paper In the 19th century, specially made
first found its way to the bathroom. customized for bathroom use. toilet paper was introduced on a broad
A traveler from the Muslim world While paper has become the material scale. The first roll of toilet paper was
in the ninth century noted somewhat of choice these days, solutions other than launched in 1890 by the American com-
disparagingly that the Chinese did not paper have prevailed in toilet hygiene pany Scott Paper. While these rolls have
take a lot of care with their hygiene and over the millennia – sticks, stones, news- since conquered the bathrooms of the
didn’t use water after going to the bath- papers, leftover wool, coconut shells, world, the innovators were slightly em-
room (which is still a common method water or snow depending on the climate barrassed and refused to put their com-
in the Arab world today) but instead zone. Even corncobs have served as in- pany’s name on their products.
Thinking inside
the box
A new generation of
packaging controls the temperature
and automatically adjusts to the
surrounding environment. That involves
thinking inside the box.
COOLER
Water
vapor
HEATER
Heat
The heater reacts
to the external tem-
perature and will
control the rate of
heat in the system.
Air flow
How it works
ZeoCool can either heat or cool the controlled packaging.
contents to maintain an even internal Cooling occurs through evapora-
temperature of 36-46˚F (2-8˚C) for tion, which is controlled by a ther-
up to five days. Even in cases of ex- mostat placed in one of the side
treme temperatures, such as 95˚F or walls.
14˚F (35˚C or -10˚C), the temperature Heating is controlled by a ther-
in the box is guaranteed for at least mostat on the outside of the box,
two days. which allows it to read and react to
The packaging has an outer box the surrounding temperature.
made of EPS – expanded polystyrene. With ZeoCool, it is also possible
The payload space consists of six to continuously record the tempera-
walls that all contain water in liquid ture both inside and outside the box
form, as with traditional temperature- throughout the shipment process.
Safe
dress
A “Career days” ex-
hibition in Stockholm
attracted many visitors in
September. Two models,
wearing dresses made
of sanitary protection
and Tork tissue, drew
a lot of attention to
the SCA display. Read with a clear
conscience
Paper newspapers and online news-
papers emit the same amount of CO2 .
That was the finding of the research
institute Innventia, working on behalf
of the Swedish Magazine Publishers
Association. The study compared the
environmental impact of paper
newspapers and online newspa-
pers from a life-cycle perspec-
tive.
Readers of both paper and
online newspapers generate 1
kg of CO2 annually, which repre-
What happens
sents about 0.01 percent of the aver-
age Swede’s potential environmental
impact in one year.
this week?
A mobile application that gives you use and illustrated
a weekly update on what happens dur- with drawings by
ing pregnancy has been launched by Karoline Lenhult.
Libero, SCA’s baby diaper brand. The applica-
The pregnancy calendar works for tion is available
iPhone and Android mobile phones in for free download
the Nordic countries. in the AppStore to your iPhone and on
The new pregnancy app is easy to the Libero websites.
design
advocate for proper hand hygiene. and sustainability tips, please visit
All fans placed a small amount of www.torkusa.com.
Ships transporting
wind turbines
Since the summer, SCA Trans- tive and environmentally friendly
The winning
forest has been transporting wind way that benefits both us and the
turbines to northern Sweden on its customer," says Nils-Johan Harald- A concept for light bulb packag-
system ships. Because a number of sson, vice president for marketing at es won the SCA Packaging Design
large-scale wind farms will be built SCA Transforest. "It reduces road Challenge. Karin Hartman and Per
during the coming years, this is a transportation, and we can also Eldénius from Sweden were award-
business with great potential. Using fill our vessels. That means we use ed the jury’s prize for the ingenious
ro-ro (roll on, roll off) vessels, an- simplicity of their concept Bright
capacity better. Furthermore, our Light. The concept addressed many
other common term for system ships, ships sail according to a fixed time- of the existing challenges. The pack-
entire consignments of wind turbine table, which means that wind turbi- age is appealing, optimizes material
parts can be loaded on board and ne manufacturers can plan exactly usage, proposes a well-thought-out
then shipped to ports along the coast when the turbines should be made secondary and pallet pack and al-
of northern Sweden. and ready for delivery. And there lows customers to see and test the
product they are buying. Benjamin
Using SCA’s system won’t be any damage to the turbines Gamillscheg & Hans Christian Schu-
ships for wind turbines because we do not have to touch the bell (Denmark) captured the Cus-
entails many advan- cargo in loading and discharging. tomer Cup with BrightPack.
tages. “It is a cost-effec- “It is a coincidence that both of the
winning concepts are light bulb pack-
ages,” says Wim Wouters, European
design director at SCA.” The fact that
there were many more concepts for
this type of product must be a clear
sign for the light bulb industry that
there is room for improvement.”
This second edition of the Design
Challenge started in 2009 and result-
ed in more than 60 concepts from all
over Europe.
Read more:
www.scapackaging.com
Donation
www.sca.com
play
SCA opened a new
for more
plant in Russia in
September this year.
The facility is locat-
ed in Veniov, in the
Tula Region south
of Moscow, and will
SCA Americas has donated 50,000 manufacture per-
US dollars for a playground in Fritse sonal care products
Park in the town of Menasha, Wiscon- such as Libero baby
sin, USA. The SCA Adventure Play Area diapers and TENA
was dedicated on September 1 in a cer-
incontinence prod-
emony connected with the redevelop-
ment of the popular waterside area.
ucts for the Russian
market. The invest-
ment is valued at
about EUR 85m and
is SCA's first local
production of per-
sonal care products
in Russia and the
CIS region.
www.sca.com
economy
60 years of trading
This fall, SCA is celebrating 60 years as a public company traded
on Stockholm’s stock exchange. At its market debut in September
1950, the share price was SEK 130, a considerable amount that
few private individuals could afford.
text: ANNIKA DANIELSON
Handelsbanken, the owner of When he took his life in Paris in 1932, pulp for cellulose alcohol production.
SCA, took the company public in Sep- substantial parts of his industrial group SCA’s sales and profits increased
tember 1950. SCA had been formed 21 went bankrupt. The collapse soon led sharply after the war. The group’s
years earlier, in 1929, by Ivar Kreuger, to Svenska Handelsbanken taking full previously weak financial position
then one of the world’s most power- control of SCA. strengthened, allowing Handelsban-
ful financiers. He created a group from SCA focused on producing paper ken to list SCA, then under the name
some 10 independent forest companies pulp and, despite the grim business Cellulosa AB, on the Stockholm Stock
that included forests, mills, pulp plants, climate, chose to build the Östrand Exchange in 1950. The share com-
workshops and power companies. The pulp plant. It was inaugurated in 1936 manded an initial price of SEK 130.
group had 6,500 employees and rev- and became one of the world’s largest On the first day of trade, 400 shares
enues of about 100 million Swedish sulfate pulp plants. A large share of the changed hands, for a total value of SEK
kronor. pulp was exported to the US. 69,000.
SCA’s first years were marked by the “Those buying shares back then
global depression, with falling prices The outbreak of World War II were mostly bankers and insurance
and declining exports. The 1929 New drastically reduced export opportuni- companies. SEK 130 was a consider-
York stock market crash was the begin- ties for the forest industry, and SCA able sum that only a few wealthy pri-
ning of the end for Kreuger’s empire. was forced to retool production, turn- vate individuals could afford,” says Ulf
ing to products like wood for generator Persson, an analyst at Nasdaq OMX
gas, charcoal, wood tar, turpentine and Stockholm.
Handelsbanken lists
SCA on the stock ex- 1967
change in September 1958 In its early years as a public
company, SCA focused
SCA starts producing
1950 under the name newsprint and builds a paper
on processing in terms of
1975
increased paper manufac-
Cellulosa AB. machine in Ortviken. turing. One example of this SCA lays the
Initial price: SEK 130 was the newsprint machine foundation for its
1950
operating in 1967. operations with
New the acquisition of
share issue. the Swedish firm
Mölnlycke.
60 70 8
One share from 1950 –
worth SEK 67,000 today
Anyone who bought a share in new stock issues carried out by
SCA for SEK 130 kronor at its SCA over the years.
initial public offering in 1950 SCA’s share price as of Novem-
– or perhaps received one as
a christening or confirmation
ber 16 this year was SEK 102. So
those 728 shares are worth SEK
+51increase
491% in
present – and has held it all 74,256. Subtracted from that
value of SCA stock
these years today owns 728 SCA amount is SEK 7,188, which was
since 1950.
shares. That’s the result of stock the participation cost for the
splits over the years, assuming four issues, giving a final value
the holder took part in the four of SEK 67,068.
* The divident is not included in the calculation.
Some of the money Handelsbanken issue. The money went toward acqui- IT stocks, because we have more mixed
received from the initial public offering sitions as well as investments in SCA’s operations and a slightly larger share of
no doubt went to SCA operations. But own companies. long-term shareholders.”
only after 1955 was there a period of “SCA grew significantly in the Today SCA is among the biggest
investment in larger, more competitive 1980s and 1990s. We acquired numer- companies on the Nasdaq OMX Stock-
factories and products that were pro- ous companies in the 1990s as well as holm. The company is categorized as a
cessed further. the early 2000s,” Mr Persson says. pulp and paper company, but for several
Throughout the 1960s, SCA’s prof- Mr Persson started at SCA as far years the focus of operations has been
itability was less satisfactory, and in back as 1987 and has been CFO for on consumer products in the personal
1965 the first new share issue was car- the last eight years. He has gradually hygiene segment. The largest owner is
ried out. The second took place in 1987. bought stock in the company and today Industrivärden, a company in the Han-
That year, the West was rocked by the holds 38,465 SCA shares. delsbanken sphere, and Handelsbanken
stock market crash on Wall Street. “Performance has been decent. In is now the second-largest owner.
the most recent financial crisis of 2008, In 2010, the value of SCA shares
In 1993 there was a third new stock the share fell from about SEK 120 to traded on the Stockholm exchange
issue, which gave SCA SEK 1.4 bil- SEK 60 at its lowest. It is now at SEK averaged SEK 290 million a day. This
lion in fresh funds from shareholders. 102 so it has not fully recovered yet. makes SCA one of the most actively
Six years later, in 1999, the company But SCA’s shares are somewhat more traded publicly held companies in the
raised SEK 4.6 billion in another stock stable than many others, for instance Nordic region.
1995 2004
SCA becomes Company acquisitions
Europe’s leading per- make SCA the largest
sonal hygiene prod- player in tissue and per-
ucts company with sonal hygiene products
its purchase of the in Australasia.
German firm PWA.
1990 Value of a
Acquisition of the
British company share bought
1987 Reedpack makes
in 1950: 67,068
Stock market SCA the European
crash in New leader in transport kronor
York and SCA’s packaging.
1999
2010
share was
affected. 1993 New share issue.
4.6 billion kronor
New
share issue. in fresh funds.