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UPM Closes 130,000 Tons of Newsprint Capacity in France

UPM permanently closed paper machine No. 3 at UPM Chapelle Darblay in France as of June 22, 2015. The consultations regarding its closure were finalized at the end of April and approved by the Labour administration in the beginning of June. The plan to close the machine was announced in November 2014. The closure has an impact on 187 positions at the mill.

UPM Chapelle Darblay will continue paper production on the remaining paper machine No. 6 producing standard newsprint and improved grades (MFS) with an annual capacity of 250,000 tons.

“This year the European newsprint market has faced even stronger headwind than expected. However, our collective actions will ensure the efficient use of our remaining capacity and secure reliable deliveries to our customers,” said Bernd Eikens, EVP, UPM Paper ENA. The announced decision is part of UPM’s €150 million profit improvement target introduced in November 2014. -