Verso stops Luke CWF mill one month earlier than planned

17 May 2019 − 

Verso is taking around 410,000 tpy of coated woodfree paper capacities from the global market. Production at the Luke mill in Maryland, USA will be shut down earlier than originally planned.

US Verso Corporation will permanently stop production of coated woodfree paper at its Luke mill one month earlier than originally planned. The company told EUWID that while the mill would be officially closed down at the end of June, as announced, paper production would cease as early as 31 May.

Demand for coated woodfree paper was declining and the company wanted to prevent the further build of inventory, a spokesperson explained. Most employees will stop working at the end of May, but their last official day of employment is 30 June. The site employs 675 people.

Find the full article and more information on the closure of the Luke mill in EUWID Pulp and Paper issue no 21/2019, which will be available to our e-paper and print subscribers as of 22 May.

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