Metsä Board is set to withdraw entirely from the paper production business. The paper and pulp company announced on Wednesday that it will discontinue paper production at its plant in Husum, Sweden, primarily at the end of 2015 as well as divest its coated and label paper production plant in Gohrsmühle, Germany.
HS in English
Metsä Board to exit paper production
The announced changes will leave the company without a single paper production plant. Metsä Board in its announcement cites the poor profitability of its paper production operations as the main reason for its decision.