BillerudKorsnäs aims to divest the Beetham mill

News General news

BillerudKorsnäs is in a process with the aim of divesting the paper mill in Beetham, UK.

Beetham paper mill — © BillerudKorsnäs AB (publ)

05.08.2021

Source: Company news

The process is ongoing and no binding agreement to divest the mill has yet been entered into. Since BillerudKorsnäs’ machine glazed (MG) paper business has primarily been focused in Skärblacka, the strategic importance of Beetham to the rest of the group has been reduced.

Beetham produces kraft paper for packaging of medical equipment, food packaging and other types of industrial applications and has a capacity of around 45 000 tonnes per year. In 2020, the facility had sales of around SEK 480 million.

Company profile: Billerud AB, Headquarters, Sweden, Solna

Company profile: Pelta Medical Papers Ltd, Great Britain and N.I., Beetham

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