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Lecta is considering rebuilding a PM at its Condat mill


The market for woodfree paper in Europe has been shrinking
04 Feb 2019 − 

Lecta is looking for a way to make the Condat mill more profitable and is considering a conversion project. However, the company is waiting for a decision on financial help from the government.

Against the background of the declining market for woodfree coated papers and high cost pressure, fine paper producer Lecta is considering converting a paper machine at its French Condat mill. The company said there were plans to convert one of the machines to specialty paper. The company made these plans public at a special meeting of the works council on 25 January, following discussions with employee representatives and in the French regional press.

According to reports in the regional media, the company said that it is not in a position to make larger investments without support. The cost of converting one of the machines is said to be around €48m. Last December, the Ministry of Economics in France allegedly said that it would support Lecta to bear the high energy costs in France. However, the European Commission still had to give its approval before the measure could be implemented, according to various media reports.

This is an excerpt of our report on Lecta. Find the full article in EUWID Pulp and Paper issue no 06/2019, which will be available to our e-paper and print subscribers as of 9 February.

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