UPM has signed an agreement to sell its Shotton newsprint mill site in North Wales, UK to Eren Paper.
Eren Paper is a subsidiary of Modern Karton Sanayi Ve Ticaret, the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding.
The plan is to integrate the Shotton site into Eren Paper’s existing business units, which include packaging amongst others, and to make further investment at the site. This supports Eren in expanding its business in the UK. All 190 employees currently working at UPM Shotton will be part of the transaction.
Newsprint production is planned to stop by 30 September, 2021 and Eren will take over responsibility for the mill as of 1 October, 2021. While the concrete timeline for the conversion plans will be communicated by Eren, it is already known that the renewable energy generation plant and material recovery and recycling facility (MRRF) at the site will continue operations throughout the conversion process, corresponding to their role in the regional utility infrastructure.
