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Europe · FinlandUPM-Kymmene is preparing to shut down paper production at its Kaukas mill in Lappeenranta by the end of the year, affecting an estimated 220 employees. The company cites overcapacity in the coated magazine paper market and declining global demand. The closure would involve halting operations of Paper Machine 1, originally commissioned in 1975. Final decisions will follow the conclusion of mandatory labour consultations, which begin on 31 July an…See the Story
UPM Plans to End Paper Production in Lappeenranta, 220 Jobs at Risk
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