Wednesday, September 18, 2013

Sappi Cutting Coated Woodfree Production

http://www.na.sappi.com/home
Sappi has temporarily swtiched from a five- to a four-shift system at its Maastricht mill in the south of the Netherlands. The move was made on September 1, and as a result 40 temporary positions have been cut.
The Maastricht mill has a capacity of 280,000 tonnes/yr of coated woodfree (CWF) paper on one machine. The shift change is due to decreasing demand for paper, a company spokesperson said, and it will reduce the mill's production by about 60,000 tonnes/yr.
Speculation about Lanaken Mill:
With rumors of impending capacity reductions by Sappi in Europe swirling, Belgian newspapers have zeroed in on the fate of the 470,000 tonne/yr Lanaken coated mechanical paper mill and rumors of its possible closure. Sappi Fine Paper Europe CEO Berry Wiersum has taken issue with those reports, however.
The rumors are fuelled by Sappi's recent statements about it preparing to cut some capacity in Europe. According to the newspaper Het Nieuwsblad, Sappi will probably announce news on the restructuring in late September. Rumor has it there is talk of closing the Lanaken facility, located in the northeast of Belgium, the paper said. Furthermore, Sappi's decision last year not to build a combined heat and power plant at the factory has only intensified the talk.