SCA increases China share
AFP · 27 Dec 2006, 18:52
Published: 27 Dec 2006 18:52 GMT+01:00
The acquisition means that SCA now owns 100 percent of the Asian operation.
The seller is the chemicals company Sekisui.
SCA's chief executive Jan Aström said: "Investments in recent years, including investment in a totally new packaging plant in Suzhou, are important steps in a strategy designed to increase growth in the Chinese market".