In July, UPM Communication Papers announced plans to permanently close its Plattling mill in Germany to align graphic paper capacity to the customer demand. The participation process with the employee representatives has now been completed and the mill will cease its production latest by the end of November 2023.
The number of UPM employees affected is 401. Graphic paper production on the two machines is expected to end on 15 November (PM 11) and on 22 November (PM 1), reducing the coated and uncoated publication paper capacity by 595,000 tonnes in Europe.
The financial impact estimate of the mill closure is confirmed to remain materially unchanged from the announcement of 25 July 2023.
UPM Communication Papers is the world's leading producer of graphic papers. With headquarters in Germany, UPM Communication Papers employs approximately 6,300 people.