Iggesund Paperboard 3.4

Iggesund Paperboard is a commission company of the Holmen Group and Europe's third largest manufacturer of high quality virgin fibre paperboard. Iggesund has a market share of about 20% in this sector.HistoryIggesund is an industrial village in Sweden. Isak Breant Sr, a businessman and former court commissioner to Queen Kristina, established there a mill in 1685. Iggesunds Bruk (English:mill) was originally an ironworks, and the nearby forests were used to produce charcoal for the factory. In 1771, Iggesund Bruk acquired a small nearby company that made paper, Östanå paper mill. It was one of the first to try to use sawdust and wood to produce paper. However, the technique remained experimental. The mill burnt down in 1842. In 1869, Baron Gustav Tamm became the owner of Iggesunds Bruk, and built a large sawmill. It was a major transformation for the factory, which had always been an ironworks. Iggesund’s shares were first listed on Stockholmsbörsen in 1949. Lars G. Sundblad introduced paperboard manufacturing at Iggesund, which started in 1963. The merger of MoDo, Holmen and Iggesund resulted in the delisting of Iggesund shares from Stockholmsbörsen (1988), making Iggesund part of the holding, which was renamed to Holmen AB in 2000