UPM plans: a permanent closure of paper machine 3 at UPM Rauma mill in Finland, a permanent closure of paper machine 4 at UPM Ettringen in Germany, a sale or other exit of UPM Docelles mill in France, and subject to further analysis, streamlining in the Paper Business and UPM’s global functions.

If all plans will be implemented, UPM’s personnel would be reduced by approximately 860 persons. The plans would affect several countries.

According to the plan the Rauma and Ettringen machine lines would be permanently closed by the end of first half of 2013. Both machines are producing uncoated magazine paper, in total 420,000 t annually.

The employee information and consultation processes will start in line with the local legislation. In case of Ettringen and Rauma the process will start immediately.

The process for selling the UPM Docelles mill will start immediately. The process will be given maximum six months. Docelles is producing uncoated woodfree papers, 160,000 t annually.