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UPM Shotton sale agreed

Monday, May 17, 2021 UPM has agreed to sell its Shotton newsprint mill in North Wales to a subsidiary of Turkish conglomerate Eren Holdings. Shotton: disposal reduces UPMs annual newsprint capacity by 250,000 tonnes UPM announced last summer that it planned to sell Shotton, with the proviso that its paper machine would be converted to non-newsprint grades. The deal is expected to be finalised in Q3. It involves the mill site and all its related assets, including its Renewable En...
United Kingdom United States Winfried Schaur Jussi Pesonen Renewable Energy Generation Companies House

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