OREANDA-NEWS. December 21, 2010. Sodra Cell has been invited to participate in a feasibility study regarding a pulp mill project in Russia. Sodra, the Russian bank VEB and Angara Paper have signed a Letter of Intent. Sodra's role in the project will be industrial partner and responsible for sales and marketing of future pulp production, as the company said in a press release received by Lesprom Network.

The feasibility study concerns constructing a pulp mill with a capacity of 1.1 million ton softwood pulp per year. The project has cutting rights of 6 million cubic meter softwood per year in the Krasnojarsk area.

Sodra is the world's third largest supplier of market pulp. The company operates five pulp mills - three in Sweden and two in Norway.