With neither an investor nor a way to continue operations found during discussions with employee representatives and local authorities, UPM will close its Albbruk, Germany mill by January 31. The mill employs 508 workers. The sheeting lines will be moved to the company’s Plattling facility. Albbruk is the last of the mills to close since UPM announced its capacity cutting plans last August. UPM Myllykoski, Finland, with 600,000 metric tonnes of magazine paper capacity, was the first to close on December 9, 2011. UPM Ettringen, Germany, with 110,000 mtpy of newsprint capacity closed on December 14. Albbruk has 320,000 mtpy of magazine paper capacity. The company also still plans to sell its Stracel, France mill.
