OECD concludes assessment of closure of UPM Docelles mill
UPM has done all the efforts in the sales process, social plan and its implementation. Unfortunately, the search for a buyer did not result in alternative use of the Docelles mill in a process which lasted for over a period of one year.
In the review process OECD follows the OECD Guidelines for Multinational Enterprises. The guidelines are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context consistent with applicable laws and internationally recognised standards.
UPM announced the sale or other exit of UPM Docelles paper mill in France in January 2013. The action was part of UPM's plan to permanently reduce paper capacity in Europe.
For more information:
Jean Kubiak, General Manager, UPM France SAS, tel. +33 2 3518 4000