International Paper Co., Memphis, Tenn., USA, plans to cease newsprint production at its Madrid, Spain, mill in mid-September, according to a report this week by EUWID, Germany. Conversion of the site's PM 62 to the production of containerboard will begin in the fourth quarter of this year, as planned. The company is targeting a full ramp-up of the machine for early 2018. 

IP acquired the Madrid mill from Holmen in mid-2016 with the aim to make it a mill for recycled corrugated case material. PM 62 has the capacity to produce 330,000 tpy of newsprint. According to IP, the machine will be able to make up to 380,000 tpy of recycled containerboard after conversion. 

IP acquired the Madrid mill from Holmen in mid-2016 with plans to make it a mill for recycled corrugated case material.