Study identifies paper machines at risk of closure
In a new study, forest industry analysis and information company RISI has made a detailed assessment of potential coated woodfree and coated mechanical machine closures in Europe.Overcapacity of coated papers has been lowering prices and affecting producer profitability in Europe, making it inevitable that some European mills will face closure. Western European demand has matured, and new capacity in Asia and Russia will have a big impact on export prospects of Western European coated paper producers.The RISI study analyses the global supply of coated papers and how this will affect the European market. After the study was published, the merger between UPM and Myllykoski was announced (www.papernet.se December 21, 2010).The author of the study is Sampo Timonen, who joined of RISI’s European Graphic Paper service two years ago.