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News

GP exits printing and writing paper market

11 Jan 2019 − 

Graphic paper and pulping operations at the Port Hudson mill scheduled for closure in March.

US forest products company Georgia-Pacific (GP) is going to exit the market for printing and writing papers. GP announced that it would permanently idle the graphic paper machines, related converting assets, as well as the woodyard, pulp mill and parts of the energy complex at the Port Hudson mill in Zachary, Louisiana.

The closure would result in the lay off of 650 workers at the site. About 40 business and sales jobs would also be affected, GP announced.

The company blames its decision on the declining market conditions for copy and printing paper. "We have ultimately decided that the required investment to sustain the operation long-term, coupled with the declining market, is not viable,” said Mike Adams, president – GP PRO and Communication Papers.

GP will continue its consumer tissue and towel operations at the Port Hudson mill with some 300 employees.

Find the full article in EUWID Pulp and Paper issue no 3/2019, which will be available to our e-paper and print subscribers as of 16 January.

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