Södra Timber reconsiders extended sawmill shutdown
Södra Timber has reversed its decision announced as recently as the beginning of May to implement extensive curtailments in softwood lumber production. In a statement dated 18 March Södra said the mills would close only for the usual summer break. Just around two weeks ago the company had announced it would extend its summer shutdown and consequently curtail lumber output by around 50,000-60,000m³. The shutdown, which had been decided by Södra's former CEO Leif Brodèn, who was laid off on 9 May and Peter Nilsson, the former CEO of the Timber division who left the day after, is not in line with the new strategy pursued by Södra Timber's acting CEO Håkan Svensson.