Sequana
is continuing to deploy its strategy in line with the plan unveiled in July
2012...to bolster
its financial structure. This strategy aims to consolidate the Group's
positions by enhancing its production model to bring capacity into line with
demand and reduce its cost structure...
Consequently,
Arjowiggins has presented the social partners and employees with its plans to
close the Dalum Papir A/S plant in Denmark (graphic papers), the Ivybridge
plant in the UK (papers used for security documents, creative papers) and the
Witcel plant in Argentina (creative papers).
These capacity reductions represent a total of 126,000 tonnes.
These capacity reductions represent a total of 126,000 tonnes.
