Finnish forestry giant UPM-Kymmene will close down production of graphic paper at its paper mill in Ettringen, Germany, at the turn of the year, affecting 189 employees, according to a press release.
The closure means that the group's capacity for uncoated mechanical paper will be reduced by 270,000 tons per year, and production will cease on December 31, 2025.
UPM states that the process with union representatives has been completed and that severance pay, pension solutions, and a transition company will be introduced for the employees.
UPM-Kymmene Oyj is one of the world's leading paper producers. Net sales (including intragroup) break down by family of products as follows:
- papers (40.5%): magazine papers (worldwide No. 1 producer), fine and special paper (No. 1 in Europe; coated and glazed fine papers, packaging papers, letter-head paper, envelopes) and newspaper papers (No. 2 in Europe);
- pulp and timber products (30.1%): pulp, sawn timber and plywood;
- processed products (15.1%): adhesive labels, packaging (for the paper, steel and wood industries), silicon papers for the hygiene products, etc.;
- other (14.3%): primarily electricity production from renewable energy.
At the end of 2024, the group had 54 production plants worldwide.
Net sales are distributed geographically as follows: Finland (12.6%), Germany (10.4%), the United Kingdom (5%), France (3.7%), Poland (2.9%), Austria (1.1%), Europe (18.2%), the United States (17.4%), China (16.9%), Uruguay (1%) and other (10.8%).
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