Nippon Paper Group to Shut Paper Machines to Curtail 880,000 tons

摘要

Nippon Paper Group, Inc. announces that it will shut 15 paper and paperboard machines in response to the recent sharp decline in demand.rnA recent press release issued by the Group says the Group has been compelled to operate below capacity to meet demand decrease. However, it has decided to consolidate its production at more efficient machines to raise the operating rates.