Jul 14, 2010. /Lesprom Network/. M-real Corporation plans to permanently shut down the Alizay pulp mill in France. The closure is a part of the Euro 80 million profit improvement programme for the year 2010. The necessary economic preconditions for continuing the pulp mill’s operations could not be found. The pulp mill will be permanently closed and it will involve a reduction of maximum 89 vacancies, the company said in a statement received by Lesprom Network. Due to the finalised information and consultation process, M-real books as additional non-recurring cost provision approximately Euro 4 million in the Market Pulp and Energy business area’s 3Q 2010 operating result. M-real has earlier booked as non-recurring cost provision approximately Euro 13 million in the Market Pulp and Energy’s 4Q 2009 operating result related to the possible pulp mill closure. “The final closure of the Alizay pulp mill is a very important profit improvement measure for M-real. We will continue measures to improve the Alizay paper mill’s profitability,” says Mikko Helander, CEO of M-real.