08 Dec 2005

Strategic investment in Norway

Norske Skog intends to invest some NOK 700 million in its Norske Skog Saugbrugs mill at Halden south of Oslo to strengthen competitiveness and achieve further quality improvements.

"This spending underlines our ambition to develop the business in Norway and to be recognised as a world leader in the paper industry," says chief executive Jan Oksum.

Developments among Norske Skog's European customers have resulted in a steady growth in the size of printing presses, with increased demands for paper quality.
The thermomechanical pulp (TMP) plant at Norske Skog Saugbrugs is to be substantially developed to meet these new quality standards.
In addition, the Halden mill will be converted to deliver reels with a breadth of no less than 4.3 metres and a weight of seven tonnes.
Norske Skog Saugbrugs is a world leader for the production of magazine paper. The planned capital spending will help to reduce its manufacturing costs.
"We are confident that this investment will strengthen the mill's position as a total supplier to the largest and most demanding printing works in Europe," says Mr Oksum.
A press conference will be held at Norsk Skog Saugbrugs in Halden at 12.00 today. Mill manager Oddvar Sandvei and local communications manager Erik Sandersen will be present. Assemble at the mill gate.
Further information from:
Hanne Aaberg
Senior vice president,
corporate communications,
Norske Skog
Direct: +47 67 59 90 29
Mobile: +47 91 35 16 81
Tom Bratlie
Communications manager, corporate communications,
Norske Skog
Direct: +47 67 59 93 34
Mobile: +47 90 52 19 04
Erik Sandersen
Communications manager,
Norske Skog Saugbrugs
Direct: +47 69 17 44 99
Mobile: +47 90 97 77 93
Rune Gjessing
Investor relations

Direct: +47 67 59 90 73
Mobile: +47 90 15 26 14