News within the industry of pulp and paper, Jul, 17 2019
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Stora Enso to close PM6 at Imatra mills

Photo: Stora Enso
Photo: Stora Enso
Published by
Simon Matthis - 05 Feb 2019

Stora Enso is considering the closure of paper machine 6 at Imatra Mills in Finland, according to Nip Impressions. With annual production capacity of 90 000 tonnes, PM6 is a small machine that has reached its end-of-life. The planned closure would result in a reduction of maximum 80 employees.

According to Nip Impressions, the plan is to continue production until the maintenance break during third-quarter or until the end of 2019, with an ability to deliver the committed volumes.

The planned closure would cost approximately EUR 4 million related to asset write-off and costs of the co-determination process. The amount would be recorded as an item affecting comparability (IAC).