Sappi, unidentified potential buyer in talks on sale of coated woodfree paper mill in Nijmegen, Netherlands, with stipulation that current range of products be discontinued; other option is to close mill permanently
May 30, 2014
(Industry Intelligence Inc.)
– Sappi Fine Paper Europe is in exclusive talks on the possible sale of its coated woodfree paper mill in Nijmegen, Netherlands, reported Euwid on May 30.
The interested party was identified by Sappi only as a “paper-related company," with no other details provided.
Sappi said it would sell the mill only if the agreement includes discontinuing production of the mill’s current range of products and noted that the mill’s flexible production process allows it to make various alternative products.
The company has said it would close the 240,000 tonnes/year coated woodfree reel paper mill permanently if a buyer is not found, although selling it is the preferred option, Euwid reported.
In an announcement made last Sept. 30, Sappi said it would start consultations on the future of the Nijmegen mill, according to the company’s website.
The mill’s paper is specifically designed for heatset and web offset printing, and also makes special coated fine paper for use in digital printing. Its one paper machine is fed with imported elementary chlorine-free pulp and mill broke.
The primary source of this article is Euwid, Gernsbach, Germany, on May 30, 2014. Click here to view full version of primary source's original article.