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Holmen Paper to Cut 29 Jobs at Spanish Mill

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Holmen Paper, Stockholm, Sweden, is cutting 29 jobs –-seven in production and 22 in administration—at the company's mill in Madrid, Spain. As part of a continuing effort to achieve greater efficiency, the company is also looking into alternative options for the mill's PM 61. One possible option is to switch to other product areas.

PM 61, the smaller of the mill's two paper machines, has been operating at a loss for some time, the company says, despite switching from production of newsprint to production of coated printing paper, LWC, based on 100% recovered fiber. Employees were laid off last month due to a recovered paper shortage.

PM 61 has a capacity of 170,000 metric tpy of printing paper.