Ahlstrom-Munksjö plans to significantly improve the competitiveness of its one-side coated business at the Stenay plant in France
Ahlstrom-Munksjö plans to significantly improve the competitiveness of its one-side coated paper segment. The company contemplates a plan to optimize its production capacity and product offering to meet the profitable demand and investigates the closure of one paper machine (PM1) in Stenay, France. Employee consultation processes will start on October 30, 2018, and are expected to be completed in January 2019. One-side coated product segment, a part of the Food Packaging business in the Specialties business area, is a segment where the markets have significant overcapacity globally, especially in Europe and the company’s offering is not optimally aligned with the strategy of niche orientation in customized solutions. By concentrating orders to the larger paper machine (PM3) at the Stenay plant, cost savings can also be achieved from higher raw material, energy and waste efficiency, as well as improved inventory management. Click read more below for additional detail.