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Mayr-Melnhof Karton concentrates production at the MM-Eerbeek mill

In the course of the reconstruction at the Dutch MM-Eerbeek mill following a fire in April of this year that caused damages which are covered by insurance, production will be concentrated on the larger of the two machines. This machine will be upgraded to a modern high performance unit for the existing virgin fiber and recycled cartonboard product range. The modernized board machine will commence production before the end of this year. Afterwards, production will cease on the smaller machine, resulting in a reduction of the mill’s staff by approximately 100 employees to a total of 160. This move is realized in full agreement with the staff council and unions. Through the technological modernization and improved productivity MM-Eerbeek stands on a strong competitive base for the future.

The fire damage as well as the restructuring will have no particular impact on current results.

16.09.2004

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