Holmen's Iggesund Paperboard Mill to Streamline Organization
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Holmen AB, Stockholm, Sweden, report that its paperboard mill in Iggesund, Sweden, will make its operations more efficient, with employee numbers being cut from 900 to 800. The mill intends to make the cuts through normal personnel turnover-attrition (basically retirement) over a two-year period.
"We are active in a market that is subject to fierce competition and that is under immense cost pressure. High-quality products and high productivity are our competitive weapons, but we also need to constantly review our costs," said Björn Kvick, president of Iggesund Paperboard.
The cuts will be made through various initiatives such as reviewing the sheeting and wood chipping operations. SEK 2.3 billion has recently been invested at the mill in a new recovery boiler, laying the foundations for maintaining the company's competitive edge in the future.
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