Sappi starts consultation process on possible closure of the Stockstadt mill (euwid-paper.com)

After failed attempts to sell the Stockstadt site, Sappi decided launch consultations on the future of the fine paper mill.

On 14 April 2023 Sappi announced that the negotiations to sell its Stockstadt, Germany; Maastricht, The Netherlands; and Kirkniemi, Finland, mills could not be completed and the sale had lapsed.

The company then launched a programme to review the longer-term future of each facility within Sappi. Having explored all options for Stockstadt , including discussions with other potential buyers, it has become evident that selling the mill as a going concern was not possible, the company informed.

Sappi Stockstadt is an integrated pulp and paper mill producing 145,000 tpy of pulp which is converted to 220,000 tpy of coated and uncoated woodfree paper mainly sold into the European print market.
more at: https://www.euwid-paper.com/news/companies/sappi-starts-consultation-process-on-possible-closure-of-the-stockstadt-mill-070723/

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