PM61 has a capacity of 170,000 tons per year. This equates to almost ten percent of the business area’s production capacity. The paper machine produces coated magazine paper (LWC), as well as improved newsprint to a lesser extent.Holmen acquired the mill in Madrid in 2000, by which time PM61 had been operating for two years. In 2005 the mill expanded with the addition of PM62, a new paper machine for large-scale production of newsprint. After the closure of PM61, PM62 will give the mill a capacity of 330,000 tons.The decision to close PM61 was announced in conjunction with Holmen's year-end report in the beginning of February.