Sep 23, 2009. /Lesprom Network/. Ecco Newsprint has been created to finance, construct and operate a high speed, world scale newsprint production facility based entirely on recycled raw material. The mill will be established at the Wilton International industrial complex on Teesside, where Ecco has secured a 66 acre greenfield site, on which planning consent was granted in 2006. The UK is the largest newsprint consuming market in Europe, and imports two thirds of this requirement, Ecco Newsprint reported. The proposed plant is expected to improve the UK’s balance of payments by about GBP 170 million ($278 million) a year and will create between 1,500-2,000 jobs indirectly within both the up and down-stream supply chains in the paper industry. Around 175 permanent jobs would be created directly on-site, whilst up to 2,000 jobs during the construction phase will be created, the company said.