UPM to Close Down Its Albbruck Paper Mill in Germany
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The UPM Albbruck paper mill manufactures coated magazine papers including sheetfed. Its three production lines have a combined annual capacity of 320,000 tonnes.
“UPM Albbruck mill has been making a loss for several years due to the age and relatively small size of the machines and the mill is not cost competitive within UPM asset and global customer portfolio. Under the difficult circumstances the highly qualified employees have done an excellent job. Unfortunately, it would not have been possible to improve the mill’s profitability to an extent that would have allowed sustainable operations,” says Jyrki Ovaska, president, UPM’s Paper Business Group.
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- Companies:
- UPM-Kymmene
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