SCA has announced the closure of its Saint-Cyr-en-Val-based production plant in France.
The company said the move was part of its on-going cost-savings programme related to the acquisition of Georgia-Pacific’s (G-P) European tissue operations.
Production will be discontinued at the 120-staffed site in October 2015 and the site has an annual capacity of 35,000 tonnes.
Restructuring costs for the closure of the plant are expected to amount to approximately SEK480m.
Total cost savings related to the acquisition of G-P’s European tissue operations are expected to amount to EUR125m upon full effect in 2016.