Eternali has decided to conduct a share issue of 5,5 MSEK and the proceeds from the share issue will be used to invest in two new wood chip facilities to rapidly expand the operational business for biomass production.
Eternali has signed an agreement with Vantec for the delivery of equipment for its new woodchip operations in Moju. Vantec will deliver and install a woodchipper and related equipment already in June.
The shareholders of Skogsaktiebolaget Eternali, reg. no. 559247-4976, (the "Company") are hereby invited to the Annual General Meeting on Friday, June 28, 2024, at 10:00 a.m. at the company's office at Sturegatan 16 in Stockholm (registration from 9:30 a.m.).
Eternali has signed an agreement to acquire land in the state of Pará in northern Brazil. This acquisition is seen as a strategically important investment to enable a logistics center with both storage and transshipment facilities near the forest plantations with which Eternali has harvesting rights.
Eternali launches a new business area focused on chipping wood raw material and delivering biomass to customers in northern Brazil. The establishment of the new business area is done with customer orders in place and completed acquisitions of chipping machine and land for a production site in the city of Moju in the state of Pará in northern Brazil.
