Market: Packaging Paper & Board
Posted March 15, 2019
Lecta has announced the temporary shutdown of line 8 production at its Condat mill, in Le Lardin Saint Lazare, France, from the end of April. The decision will be reevaluated in the following months depending on market developments.
The decrease in coated paper demand over the last several years resulted in overcapacity in industry. The worsening of this trend observed in the last months is the main reason for the temporary line 8 shutdown at the Condat mill.
The Condat brand product range and service levels during this period are guaranteed due to efficiency improvements and streamlining on Condat line 4 as well as through the contribution of the Group's other coated paper mills.
Despite the temporary shutdown, meeting the overall demand of Lecta's coated papercustomers is assured, given the Group's total production capacity of more than 850,000 tons per year.
Lecta is a leading European manufacturer and distributor of specialty paper for labels and flexible packaging, coated and non-coated paper for publishing and commercial printing.