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No buyer yet for UPM Chapelle Darblay mill

21 Jan 2020 − 

The deadline for interested buyers to bid for UPM’s Chapelle Darblay newsprint mill in France expired on 15 January. A buyer has not been announced so far. However, there is talk on the market about takeover offers from interested buyers.

It is rumoured that VPK Packaging or its co-owned subsidiary Bluepaper is among the interested parties, which would surely mean that the site would be rebuilt. In general, market sources do not think that the site will continue producing newsprint in future. Meanwhile, the trade union is pushing for an extension of the deadline to increase the chances for a sale. If no buyer is found, the mill will be closed at the end of June this year.

The Chapelle Darblay mill is located in Grand-Couronne in the North of France and has a capacity for 240,000 tpy of newsprint on one machine.

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