2024-12-19

Message to us today — ISP has decided

PTL has today informed us that the Swedish Agency for Strategic Products, ISP, does not approve PTL's investment in Torsboda as the company is not considered to meet the conditions set by the Authority for a yes vote. We are reviewing the situation and continuing to work on our mission.

- We have just received the news and I am obviously disappointed, says Stefan Dalin (S), Chairman of Torsboda Industrial Park and Chairman of the Municipal Board of Timrå. Now we need to converse more with PTL and analyze our own situation before we can say more.

PTL has the opportunity to appeal the decision to the government and expresses that they will make a decision on it shortly.

- We are now working to obtain more information and what this means for us, says Niklas Säwén (S), Vice Chairman of Torsboda Industrial Park and Chairman of the Municipal Board of Sundsvall. Regardless of how PTL is established, we have a clear strategy to promote the green transition and create the jobs of the future in our region. We have developed industrial land with good conditions for electricity-intensive industry and we continue to aim for the future.

Torsboda Industrial Park CEO Christian Söderberg received the announcement from PTL's Head of Europe Dr. Yu Han together with Stefan Dalin and Niklas Säwén this morning. PTL's establishment would mean 1900 jobs in a battery parts factory.

- Right now, of course, I feel sad. We have worked hard together with PTL for their establishment. We are tasked with developing an industrial park with large establishments, which according to the current plan should be completed in 2033 and we will continue to do so. We work with other stakeholders at the same time as we follow PTL's decision on appeal with interest,” says Christian Söderberg.

PTL Press Release