LEIPA

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Sale of UPM Schwedt mill to LEIPA Georg Leinfelder GmbH finalised

Current planning shows a start of Testliner production in the fourth quarter of 2017

01.07.2016
According to the agreement announced on 26 April 2016 the UPM Schwedt mill site and relevant assets have been transferred from UPM to LEIPA Georg Leinfelder GmbH on 1 July 2016.
The new mill will be run under the name of LEIPA Mill Schwedt North, the already established mill under the name of LEIPA Mill Schwedt South.
As part of the transaction, the parties have agreed to enter into a contract manufacturing agreement for newsprint for a transition period which would end latest at the end of 2017. The mill’s capacity is 280,000 tonnes of newsprint annually.
LEIPA will convert the mill into liner production. The planned production capacity would be approximately 450,000 tonnes of liner annually.

 






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