UPM decided to permanently close paper machine 10 at UPM Plattling, Germany, with the aim to further increase cost competitiveness of the paper business and reducing coated mechanical paper capacity in Europe by approximately 155.000 tonnes. The decision is based on the plan announced in April 2019.
"The recent weeks have not been easy for the employees at our Plattling site. We are therefore pleased to have led a constructive and fair consultation process to a conclusion which helps diminish the impact of the closure. We regret this decision but remain convinced that it will support the competitiveness of both UPM Communication Papers as well as the remaining assets at the Plattling site in the long run. The discipline and commitment of our employees in Plattling during the process has been remarkable," says Ruud van den Berg, Senior Vice President, Magazines, Merchants and Office Business, UPM Communication Papers.
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We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,000 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore - Beyond fossils. www.upm.com