UPM-Kymmene Oyj: UPM closes Hürth newsprint mill and one fine paper machine at Nordland Papier - Participation process with the employee representatives concluded
(UPM, Helsinki, 21 August 2024 at 15:00 EEST) - In May UPM Communication Papers announced plans to permanently close its Hürth newsprint mill and shutdown of one fine paper machine at Nordland Papier in Dörpen (PM 3). Both mills are located in Germany.
The respective participation processes with the employee representatives have been concluded. The number of positions affected is 338. Graphic paper production in Hürth is expected to end on 31 August 2024 and at Nordland Papier PM 3 latest by the end of 2024, resulting in annual reductions of 330,000 tonnes of newsprint paper capacity and 280,000 tonnes of uncoated fine paper capacity.
"In cooperation with the workers council, we have engaged in a constructive dialogue with the aim of developing responsible solutions for our employees. The thoughtful and collaborative approach taken by all parties during the consultations resulted in socially responsible solutions for our people," says Antti Hermonen, SVP, Operations, UPM Communication Papers.
The financial impact estimate of the announced closures are confirmed to remain materially unchanged from the announcement in May (https://www.upmpaper.com/knowledge-inspiration/news/2024/05/upm-plans-to-reduce-graphic-paper-capacity-in-germany-to-align-with-customer-demand-and-ensure-competitiveness/).
For further information please contact:
UPM Communication Papers Stakeholder Relations, tel. +49 821 3109 225, paperinfo@upm.com
For local information please contact:
Armin Schmidt, General Manager UPM Hürth, tel. +49 2233 2006 101
Klaus Reimann, General Manager UPM Nordland Papier, tel. +49 4963 401 2117
UPM, Media Relations
Mon-Fri 9:00-16:00 EEST
tel. +358 40 588 3284
media@upm.com
UPM Communication Papers
As a leading company in the paper industry, we drive the value of paper as a sustainable medium of trust, impact, learning and inspiration. UPM Communication Papers offers the industry's widest portfolio for newspaper, magazine, marketing and book printing as well as for home and office applications. Our high performing papers and service concepts add value to our customers' businesses, while actively fulfilling demanding environmental and social responsibility criteria. With headquarters in Germany, UPM Communication Papers employs approximately 6,000 people and has 11 modern paper mills globally. More about us and our products at www.upmpaper.com
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We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 16,600 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore - Beyond fossils. www.upm.com
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