Metsä Tissue considers options for its napkin business in Germany
December 20, 2018
STOTSHEIM, Germany (News release) -- Metsä Tissue, part of Metsä Group, sets the Stotzheim mill in Germany under a strategic review due to the low performance in the napkin business. Metsä Tissue manufactures napkin tissue and finished goods at the Stotzheim mill.
"Napkin market suffers from an unprecedented cost inflation. Also the site in Euskirchen-Stotzheim is affected by this. All alternatives, including the short-term increase in profitability, divestment or closure, will be investigated. However, the short-term priority is clearly to increase profitability to cut current losses. We rely here on our long-standing customer and supplier relationships. We must talk to our customers about price increases," says Christoph Zeiler, Senior Vice President Business Development at Metsä Tissue.
Metsä Tissue's Stotzheim mill has a long history and track record of serving leading German and European retailers and wholesalers. Metsä Tissue is one of the biggest suppliers in this segment in Germany. Stotzheim mill employs approximately 200 people.
