Stora Enso Ingerois mill set to take market-related downtime

Photo courtesy of Stora Enso
03 Jun 2019 − 

The folding boxboard market is experiencing a short-term demand-supply imbalance, the company says.

Stora Enso said that it had finalised co-determination negotiations regarding possible temporary lay-offs at its Ingerois board mill. An agreement had been reached with employee representatives that Stora Enso has the possibility to temporarily lay off the mill's personnel for a maximum of 90 days during the second half of 2019, the company announced. The agreement also allows the number of shifts to be reduced flexibly if necessary. Possible production interruptions would be used for employee training when feasible, the company stated. At its Ingerois plant, Stora Enso employs around 180 people.

At the beginning of May, Stora Enso had announced plans for temporary lay-offs at its Ingerois mill. The company said planned temporary lay-offs were one of the solutions to respond to short-term demand-supply imbalance. In addition, as Stora Enso explained in its press release, cartonboard producers continue to face high costs for their main raw materials.

In recent weeks, market participants had reported to EUWID about relatively short delivery times for folding boxboard and the onset of price pressure.

At the Ingerois mill, Stora Enso is producing folding boxboard for packaging applications in the pharmaceutical, food and confectionery industries. The mill's single machine BM 4 has a capacity of around 280,000 tonnes per year.

EUWID Pulp and Paper keeps busy professionals up-to-date on the latest news from European pulp and paper markets.

Want to find out more? Check our subscriptions or test EUWID free of charge.

previous − Recycled containerboard prices still under pressure in Germany in May

International Paper to sell Indian subsidiary APPM  − next