sodra is interested in the mill

I won't mention Willmott

Sodra still keen on Gunns partnership
26 Jul, 2010 09:25 AM
SWEDEN'S Sodra, the long-touted possible joint venture partner for Gunns' Bell Bay pulp mill, is still keen on sealing a deal with the Tasmanian timber company, squashing rumours that it has backed away from the troubled company.

Gunns needs an equity injection from a partner to build its controversial $2.2 billion mill, which has divided communities, enraged green groups and been a political minefield, The Australian Financial Review reports.


Sodra chief executive Leif Broden said that while he has not spoken to Gunns since former chairman John Gay's early exit from the group in late May, he remains interested in the planned pulp mill in the Tamar Valley.


Sodra, a Swedish association with more than 50,000 forest owners as members, has been in talks with Gunns about the mill for the past two years. Mr Broden said that while Mr Gay worked to make the pulp mill possible, his departure would allow the company to develop a new identity that might help get the project started.





The Australian Financial Review