Rottneros to stop production of groundwood pulp

The Board of Rottneros has decided to immediately commence negotiations regarding the termination of continuous groundwood pulp production at Rottneros Mill.  This is due to the rapidly declining consumption of printing paper in Europe, which has led to a dramatic reduction in demand for groundwood pulp. Rottneros Mill has around 100 employees, 50 of whom will be given notice of termination. CTMP production at the mill will continue, and limited investments will facilitate the development of quality for those customers that manufacture board at the same time as slightly increasing capacity.