In September 2019, UPM announced plans to sell its Chapelle newsprint mill in Grand-Couronne, France.
At the same time, it was announced that the process of a possible plant closure would start if there was no prospect of a buyer by mid-January 2020.
Since discussions are in progress, but binding offers have so far not been forthcoming, the employee representatives were informed on January 28 of the intention to start the employee negotiations with a view to a possible plant closure. These negotiations are expected to be completed by the end of the second quarter of 2020, UPM reports. The sales process will continue in parallel.
The plant currently employs 236 people. The annual production capacity is 240,000 tons of newsprint.