UPM stops paper machines at Myllykoski and Ettringen mills
Last week, UPM halted production on the 220,000 tons per year supercalendered (SC) PM7 line at Myllykoski mill in Kouvola. The mill has a total production capacity of some 600,000 tons per year, of which 220,000 tons now have been shut down. The production at Myllykoski mill is expected to be halted completely before year-end.UPM will also permanently close down PM3 at Ettringen paper mill on 14 December as being uncompetitive. In addition, overlapping operations are being restructured in the supply chain, paper sales and functions in the Ettringen, Plattling and Hürth mills. The negotiations concerning reconciliation of interest and social plan are concluded at the German units except Albbruck.The restructuring measures will affect 54 people at UPM Ettringen, 17 people at UPM Plattling and seven at UPM Hürth. Personnel reductions will start in January.The aim of the changes is to improve the profitability and cost-efficiency of UPM's paper business in Europe and to adapt the company's paper production to the needs of its global customer base. /AA