UPM has transferred its Shotton paper mill site to Eren Paper Ltd, newsprint production has ended
(UPM, Helsinki, 30 September 2021, 14:15 EEST) - UPM has permanently closed paper production at its Shotton newsprint mill site in North Wales, United Kingdom. The site and all related assets will now be transferred to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş., the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding (“Eren”), thereby closing the transaction announced in May 2021. Eren will now start working on the conversion of the site. The Renewable Energy Generation plant, the Material Recovery and the