UPM ready for temporary layoffs at its mills in Finland

Reacting to weak demand and low capacity utilisation throughout the printing and writing paper industry in Europe, UPM prepares itself for taking market-related downtime....

The paper mill of Japanese Mitsubishi Paper Mills Ltd. in Flensburg, Germany, which is up for sale, continued production over the turn of the year 2022/2023. Originally the company had planned that its subsidiary, Mitsubishi HiTec Paper Europe (MPE), should withdraw from the Flensburg plant by the end of 2022. As far...

Swedish forest products companies SCA and Holmen are investigating possibilities to build a new jointly owned sawmill at SCA’s sawmill site in Rundvik in northern Sweden. The two companies have already started a feasibility study for the project and the study is expected to be completed in the spring of 2023. In their...