Sector News

South Africa’s Mondi to close paper mill in Finland

April 11, 2015
Chemical Value Chain
(Reuters) – South African paper maker Mondi said on Friday it is planning to close its loss-making mill in Lohja, Finland, which employs 150 people.
 
Mondi bought the mill in 2008 and decided to close part of its production capacity last year. The plant makes speciality papers for packaging, food services, the hygiene and medical industries.
 
“The reason for the closure is the operation’s prolonged unprofitability,” Mondi said in a statement.
 
Negotiations with workers’ representatives have started, and the plan is to stop production in June.
 
“This is the worst possible news for the mill’s workers… The negotiations must address the grounds and the impacts of the planned measures, as well as alternative steps,” said Jari Uschanov from trade union Pro.
 
The Finnish paper industry has lost thousands of jobs in recent years as companies such as Stora Enso and UPM-Kymmene closed several mills, due largely to the decline in demand for newsprint and magazine paper.

comments closed

Related News

May 27, 2023

Unveiling the future of packaging: Interpack 2023 review

Chemical Value Chain

After a six-year break, Interpack – Europe’s largest packaging trade fair – made a highly anticipated return in 2023, providing attendees with a comprehensive overview of the latest packaging trends and advancements. This year’s event took place in Düsseldorf, Germany, from 4 to 10 May.

May 27, 2023

Hillenbrand to acquire Schenck Process Group for $730m

Chemical Value Chain

Processing equipment and solution provider Hillenbrand has announced plans to acquire Schenck Process Food and Performance Materials (FPM) for around $730 million. FPM, a portfolio company of private investment firm Blackstone, develops, manufactures, markets and sells a full range of solutions, products and systems for the food, chemicals and performance industries.

May 27, 2023

Sidel equips Yili Group with Aseptic Lab filler to advance R&D in dairy and soft drinks

Chemical Value Chain

Asian dairy company Yili Group is strengthening its partnership with Sidel by installing the equipment provider’s Aseptic Lab filler to research and test product designs. Sidel’s Aseptic Lab filler is said to be compact and customized to meet Yili’s R&D needs for test runs consisting of a small number of bottles with different shapes and sizes.

How can we help you?

We're easy to reach