Iggesund to increase capacities and cut jobs

Photo courtesy of Iggesund
14 Jun 2018 − 

Holmen subsidiary Iggesund Paperboard wants to improve its efficiency and has announced to cut 150 jobs. The company also wants to rise paperboard capacities by 100,000 tpy.

Holmen subsidiary Iggesund Paperboard has announced its intention to reduce its workforce. The company is planning to cut 150 jobs at the Iggesund plant in Sweden. Negoations would now begin and be completed before the end of the year, Iggesund said. The redundancies are reportedly part of an efficiency package aimed at improving production capacity and reducing costs.

Iggesund's CEO Daniel Peltonen said that the company was preparing to increase production capacity by around 100,000 tpy at the Iggesund plant. Last year, the site produced 330,000 t of solid bleached board (GZ).

Find the entire article and any associated background information in EUWID Pulp and Paper no. 25/2018.

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