11/1/2013 12:00 AM
Group will make an additional reduction of CWF production capacity in 2014 of
around 40,000 tons.
As a result of the decreasing demand for coated wood free papers and
considering the continuing negative demand expected in the coming years, Lecta
is progressively adapting its production structure and reducing its capacity in
this product line.
After the closure of Condat’s L6 (July 1, 2013), which represents a capacity
reduction of 130,000 tons, Lecta will now make an additional reduction of
around 40,000 tons of CWF 2/S for 2014. The capacity will be re-assigned
primarily to internal consumption, covering growing internal needs due to
Lecta’s recent investments in the specialty papers segment.
With these projects, in 2014 Lecta will remove from the market a total
production capacity of around 170,000 tons of CWF 2S papers.