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Sappi to close mill in the Netherlands

Sappi Plans to close its finepaper mill Nijmegen, in the Netherlands. The mill has the capacity to produce 240 000 tons per year of coated fine paper.
As a result of the continued market decline and consequent overcapacity in the European coated paper markets, combined with high raw material costs not compensated for by higher selling prices, Sappi has generated a loss in its European activities.

Sappi has undertaken a review of its European production assets and has identified the need to concentrate its production at fewer sites.

Exhaustive analysis has indicated that the preferred option would be to relocate the entire production of Nijmegen Mill to other Sappi mills in Europe. The aim of this action would be to optimise Sappi's entire Heat Set Web Offset business.
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