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M-real to shut two paper machines in Germany

Jan. 18, 2007 - M-real said that it will shutdown paper machines 6 and 7 at the company's Gohrsmühle Mill in Germany. About 35 workers will be affected by the closures.

The decision to shut the machines follows M-real's restructuring plan that was announced in October 2006.

PM 6 and 7 will stop production by the end of February 2007, M-real said.

Total capacity of the two machines is 100,000 tons per year of coated woodfree paper.

M-real's Gohrsmühle Mill operates four paper machines (PMs 2, 3, 6, 7) and has a production capacity of 300,000 tpy of graphic papper and coated woodfree/freesheet. The mill employes about 1,200 people.

Additional capacity cuts
In addition to the Gohrsmühle machine closures, M-real said it is contemplating the closure of its Wifsta mill in Sweden. The company also said it will close its mill in Sittingbourne in the UK by January 31, 2007.

SOURCE: M-real




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