Domsjö Fabriker to Increase Price for Domsjö Cellulose with $75 in China
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Domsjö Fabriker AB in Sweden increases the price of Domsjö Cellulose (softwood dissolving) with USD 75 effective January 20, 2023 until further notice.
After a period where prices on dissolving cellulose have been under pressure, we are now starting to see positive signs and a recovery, both in the fibre market as well as on a macro financial level. Especially on the softwood side, we believe that supply/demand will be more balanced. On these grounds, we are now starting to adjust prices to a more sustainable level, said Magnus Lundmark, Business Director Cellulose.
The biorefinery Domsjö Fabriker AB refines the renewable raw material from wood into products with a strong environmental profile. The main products are cellulose, bioethanol and lignin. The company is localized just outside central Örnsköldsvik and has 350 employees in Sweden and 15 in the Baltic countries. The revenue is 2.3 billion SEK. Domsjö is part of the Aditya Birla Group.
Aditya Birla Group is a multinational business conglomerate based in India. The business comprises 50 companies and 130 production units in almost 40 countries. The group revenues over 48 billion US dollars and has approximately 120 000 employees. Aditya Birla Group is the world's largest producer of viscose staple fibre.
