This means a cut of 1.2 million tonnes magazine paper capacity in Finland, Germany and France as well as 110,000 tonnes newsprint capacity in Germany. The annual synergy benefits of the recent Myllykoski acquisition are estimated to account for approximately EUR 200 million when the planned actions are in place. The plan also includes restructuring of the overlapping paper sales and supply chain networks and global functions.
UPM reduces overcapacities in Europe
Author information
Charlotte Janischewski
Senior Editor Newspaper Production
WAN-IFRA
| Darmstadt,
Germany
Phone: ++49-6151-733793
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