Mayr-Melnhof Karton AG (MM Group) has decided to significantly reduce the planned multi-year strategic investment project at its pulp and paper mill in Poland, MM Kwidzyn. The project will now focus investments on renewable energy, further pulp integration and product portfolio.
MM Group said the decision is due to “uncompetitive wood prices from the Polish State Forestry Monopoly and significantly reduced market demand for paper and cardboard products.”
In addition, MM Group has started discussions with employee representatives about a possible closure of the small paper machine (PM 3) for packaging kraft paper and about restructuring, which could lead to a reduction in the workforce of around 110 employees.
In April 2023, MM Group announced that it would invest EUR 660 million at MM Kwidzyn, which included a new recovery boiler and a new steam turbine; a second pulp line and a pulp dryer; and the conversion of paper machine 1 (PM1) from the production of copy paper to sack kraft paper.
خواندن ادامه مطلب
