More mill closures as Finnish strike continues
The stevedore strike in the country has stopped virtually all exports from the pulp and paper industry, and paper mills have already been shut down because they can not store the paper anywhere.Today, March 11, Stora Enso has closed PM6 at its mill in Oulo in northern Finland. Yesterday, Stora Enso closed Anjalankoski mill's PM2 and PM8 at its Imatra mill complex.UPM yesterday closed one paper machine at Kymi mill. UPM Tervasaari mill is still operating, however, in spite of previous estimations that the mill would be closed today.Further mill closures are expected, if the conflict continues.Pulp producer Metsä Botnia has alerted its customers that it has invoked force majeure over strike.The Transport Workers Union (AKT) and the Finnish Port Operators Association resumed talks under the mediation of National Conciliator Esa Lonka Tuesday, with talks continuing Wednesday. Mr Lonka continues arbitration between the parties this afternoon, March 11.No end-date has been announced for the strike, which observers see as a blow to recession-hit and export-reliant Finland's economy and reputation.A separate walk-out by cargo handlers, planned to start Thursday morning, was meanwhile avoided when the parties to the dispute accepted Lonka's reconciliation proposal Wednesday, AKT said, news agency AFP reports.