German Niederauer Muehle plans to take over the LWC paper mill in Walsum, Euwid reports. The company’s management has reportedly entered exclusive talks with the insolvency administrator of Walsum Papier to buy the Norske Skog facility.
Under the new ownership, Walsum Papier would continue producing LWC on PM 10. In addition, Niederauer Muehle would convert the mill’s PM 4, which is standing idle since December 2013, to white-top testliner production.
On June 5 of this year, Norske Skog announced that it had decided to discontinue operations at its Walsum paper mill in Duisburg, Germany due to the mill being unprofitable. The mill had an annual production capacity of 205,000 tons of light-weight coated (LWC) paper and employed 291 people.
In the Picture: the mill is situated in front of the power plant. Photo: Thomas Kurpjuweit/Wikimedia Commons