Tiếng Việt English China
Tissue rolls paper
Printing/ writing/ copy paper
Duplex paper
Diapers, Sanitary napkins
Reclaimed fluff pulp
Shredded Diapers
Airlaid and nonwoven
Wet napkins/ Towels
Flavouring for manufacturing wet wipes
Sheeters or Cutters
Wet Napkin Production Lines
Toilet paper production lines
Converting Machines
Packaging Machines

Rate of exchange
Hot news
» Eldorado Brasil sets pulp production records
» Kruger secures paper bottle technology for Canadian market
» B.C. contributes to cellulose filaments research
» Domtar displays environmental stewardship even in its office space
» Paper artwork on display in Montreal this weekend
» Three Canadian conservation projects receive SFI funding
    NEWS & EVENT » List ukp - News Update: International Paper Tumbles as Trade Publication Restates Aug. Containerboard Prices - James Turk: "There's Phys. Gold and Paper Gold--The Closer to The Physical the Higher the Price" - paper - Reciclaje. Cesta hecha con revistas. Basket made with magazines. - paper - DIY Recycled Magazine Organizer - paper - Magazine Roll-up Crafts - How to Make a Vase out of Magazines - How To Make Paper - How to on Handmade Paper - AkzoNobel Pulp and Paper Chemicals step into Russia - Printing inks in food packaging pose no risk - PMT to rebuild PM3 at Stora Enso Langerbrugge - NewPage announces enhancements to Blazer Digital - Mectec signs global agreement with UPM - Reduced paper production in Sweden - M-real shuts down its Äänekoski mill - Ahlstrom completes Porous Power Technologies transaction - Orient Paper launches new corrugated paper line - US recovered paper consumption drops 5% in November - New database on indicators of sustainable forest management in Europe - Twin Rivers Paper Company broadens its product offering - Canada’s first manufacturing plant for NCC on stream - Asia Pulp and Paper a potential buyer of Newpage paper mill - Asia Pulp & Paper Is Illegally Cutting Down Trees Of Senepis Tiger Sanctuary - Catalyst Paper defers US$21M interest payment amid debt restructuring talks - Century Textiles temporarily closes pulp & paper division - Metso DNA Automation System to Supply Pulp Mill in India - List of industrial projects calling for investment 2006-2010: Paper industry - Exhibit shows paper to be anything but plain - Timerman: “The pulp mill of Colonia respects the treaty of Río de la Plata” - What is Kraft Paper? - Pulp inventories at European ports rise in October - European consumer pulp inventories fall in October, consumption rises 2.5% - EU ratifies provisional antidumping duties on Chinese coated fine paper - US box shipment rose 2.4% on ‘average’ in October - Reclaimed Fluff Pulp , origin: Germany- available - Thurso, QC, pulp mill restart will restore large pulpwood, biomass demand - Timber management company enters biomass supply realm - Giant miscanthus grass studied for biofuel production - AbitibiBowater studies $51M power generation project in Ontario - Alabama Power partners with lumber producer Westervelt to make biomass energy - Green Energy Resources nets $36M orders for high energy woodchips - Clearwater using wood slash for biofuel at Idaho mill [From the web] - Wisconsin legislature advances logging equipment tax relief bill - New York coal power plant to co-fire with wood - BC government issues review of busy 2009 wildfire season - USDA announces new subsidies and loans for biomass development - Quebec wood energy plant expands effort to use fuel from old bark piles - Bids come in to convert IP’s Franklin mill to energy plant - Graphic Packaging to go off the grid with 100% biomass in Georgia - Electrabel more than quadruples wood biomass use at Netherlands power plant - Idle QC pulp mill to become pellet plant - Clenergen, Honeywell to test dedicated wood biomass crops for oil production - Siemens awarded contract for biomass-powered turbine at paper mill in UK - May 5, 2010 Clenergen secures land lease in India to cultivate dedicated biomass crops - The RISI Top 50 Power List - APP applies advanced wastewater treatment to enhance environmental performance - New York coal power plant to co-fire with wood - New York coal power plant to co-fire with wood - Demand drop caused IP Franklin mill shutdown [From the web] - Paperlinx to close Burnie Mill in Tasmania and become merchant only - Billerud's Skärblacka paper mill faces production shutdown due to Swedish paper union strike - Taiwan Pulp & Paper halts production due to earthquake - Asia Pulp & Paper Disappointed in Subsidy Case Findings - Metso to supply tissue line to AK GIDA SAN ve TİC A.Ş in Turkey - Metso to deliver defibrator system to Siempelkamp for Indonesia - 2010 AF&PA Community Recycling Award Presented to Virginia Beach, Virginia - Process for manufacturing bleached pulp with reduced chloride production - £350,000 kit investment for new finishing startup - APP claims new study proves its green credentials - Wood Products Markets & Prices - Crazy for paper - The PhiLipin Number - The prospects for graphic paper - World News - Reinvent business approaches for emerging markets - serbia news - Pulp giants to boost capacit) - Paper - How To Recycle Paper (homemade Letter Paper) - RECYCLED PAPER - Paper recycling information sheet - Recycling Cardboard and Paper - Why Recycle Paper? - How to Recycle Paper - From seedling to ‘ the silver forest’. - Paper recycling information sheet -
Share |
M-real shuts down its Äänekoski mill

M-real Corporation, part of Metsäliitto Group, has concluded the statutory negotiations at the Äänekoski mill. In order to improve the profitability of its coated paper business M-real started on 9 November 2011 statutory negotiations concerning the potential closure of the Äänekoski paper machine and conversion of the mill’s sheeting capacity entirely to folding boxboard sheeting. M-real released a stock exchange bulletin on 2 November 2011 concerning these plans.

Following the conclusion of the statutory negotiations, M-real has decided that the Äänekoski paper machine, with an annual capacity of approximately 200 000 tonnes of coated fine paper, will be closed by the end of 2011. The mill’s sheeting capacity will be converted fully to folding boxboard. Planning work related to the sheeting capacity conversion is on-going.

The related personnel reduction at the Äänekoski mill is a maximum of 169 people. In close cooperation with local authorities, M-real will assist redundant employees to find new employment. In addition, M-real will also facilitate redeployment, if possible, by offering employment opportunities internally within the company or other Metsäliitto Group's business areas.     

M-real continues to produce coated papers at the Husum mill in Sweden. Äänekoski paper machine’s reel production will be transferred to Husum. The annual coated paper capacity at Husum will be increased from 285 000 tonnes to 340 000 tonnes during 2012.                         


Also in the future M-real’s coated papers will be sold by Sappi Fine Paper Europe. Based on the above measures, M-real’s annual coated paper capacity is reduced by approximately 145 000 tonnes. M-real’s annual sales will reduce by approximately EUR 60 million and operating result will increase by approximately EUR 20 million based on the results of the coated paper production in 1–3Q 2011. The full annual financial impact of the measures is expected to materialise from 2012 onwards.


Consumer Packaging’s 4Q 2011 operating result includes approximately EUR 25 million non-recurring impairments and cost provisions related to the measures in Äänekoski. Total net cash impact of the measures is expected to be slightly positive when taken into account the reduction of working capital.



Tags: [Paper-AIJSC] | [Paper-AIPTE] | [kraft paper] | [pulp paper] | [stocklots paper] | [waste paper] | [Property-AIJSC]


Online: 23
Today: 1.749
Yesterday: 3.157
This month: 43.480
Last month: 76.668
Counter: 19.307.610
  Copyright © 2006 ASIA INVESTMENT JSC. All rights reserved.