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IP to Halt Newsprint Production in Madrid, Switching to Containerboard

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International Paper (IP), Memphis, Tenn., USA, recently announced it intended to stop newsprint production at the Madrid mill in Spain, a process that began in mid-September, according to Euwid Pulp and Paper (Germany). The sites PM62 will be converted to production of containerboard slated to start in the fourth quarter of this year, as planned. The company is targeting a full ramp-up of the machine for early 2018.

IP acquired the Madrid mill from Holmen in mid-2016 with the aim to make it a mill for recycled corrugated case material. PM62 has the capacity to produce 330,000 tpy of newsprint.
 

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