UPM to cut its graphic paper capacity by 580,000 t

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Dwindling demand for graphic paper in Europe brings UPM to further reduce its graphic paper capacity. A total of 580,000 t of magazine and uncoated fine paper capacity are to be taken from the European market. UPM decided to shut down a PM in Rauma, Finland, and in Ettringen, Germany, as well as to either sell or ...

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