Sappi: Final closure of Biberist mill20.07.2011
On 20th of July, Sappi Fine Paper Europe has announced that it has been unsuccessful in its attempts to find a suitable acquirer to allow continued operations and employment at the mill and decided on the complete closure of the mill.
Production at paper machines 8 and 9 has already ceased and production on the uncoated paper line will halt at the end of August.
"The process to find a suitable purchaser included numerous discussions with interested parties and involved close cooperation between local mill management and Sappi’s European and global management teams to make the purchase as attractive as possible," said Sappi Fine Paper Europe CEO, Berry Wiersum. "Unfortunately several industry players quickly withdrew their interest and we were unable to come to an agreement with any other interested parties."
Sappi has agreed a social plan with the employees and the labour unions. Meanwhile Sappi continues its search for a new owner for the site. Approximately 550 employees in total will be affected by the closure, of which 134 have been given notice earlier.