Tuesday, August 14, 2012

UPM Closes Sale of Papierfabrik Albbruck


UPM has completed the sale of its closed Papierfabrik Albbruck GmbH to the German Karl Group. UPM permanently ceased graphic paper production at the mill situated in Baden-Württemberg, Germany in January 2012.
The Karl Group, experienced in developing industrial sites, is planning to establish new businesses on the premises of the former paper mill within the next 3 to 5 years in agreement with the local authorities.