BillerudKorsnäs Begins Process to Divest Its Paper Mill in Beetham, UK

The Beetham Mill produces kraft paper for packaging of medical equipment, food packaging and other types of industrial applications and has a capacity of around 45,000 tonnes per year.

July 29, 2021 - BillerudKorsnäs announced that it has started the process of putting its paper mill in Beetham, UK, up for sale.

The company said the process is ongoing and no binding agreement to divest the mill has yet been entered into.

BillerudKorsnäs explained that its machine glazed (MG) paper business has primarily been focused on the company's mill in Skärblacka, Sweden, and the strategic importance of Beetham to the rest of the group has been reduced.

Beetham produces kraft paper for packaging of medical equipment, food packaging and other types of industrial applications and has a capacity of around 45,000 tonnes per year. In 2020, the facility had sales of around SEK 480 million.

BillerudKorsnäs is a leading producer of primary fibre-based packaging materials with customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4,500 employees in over 13 countries. To learn more, please visit: www.billerudkorsnas.com.

SOURCE: BillerudKorsnäs