Wednesday, August 14, 2013

UPM May Scrap UPM Myllykoski PMs

http://www.upm.com/en/Pages/default.aspx
UPM may scrap the remaining two machines at its shuttered Myllykoski mill in southern Finland if no buyer is found soon, according to Timo Suutarla, general manager of the factory. The firm does not intend to heat the facility this winter, which would render the machines unusable, he explained.
UPM will then take whatever spare parts it may need for other facilities and the remainder of the PMs would go to metal recycling, Suutarla added.
UPM closed the Myllykoski mill at the end of 2011. Earlier this year, the firm sold the 220,000 tonne/yr supercalendered (SC) paper unit PM 7 to Shandong Tralin Paper Company in China. The firm intends to convert the machine to make food wrapper from straw pulp.
The Myllykoski mill still houses two PMs: the 230,000 tonne/yr coated mechanical paper unit PM 4 and the 150,000 tonne/yr SC machine PM 6.
The mill itself is also still up for sale.