Austria's Laakirchen Papier denies conversion rumors, will continue SC paper production on fire-damaged PM 10

Thursday, Oct 15, 2015

Laakirchen Papier will continue making supercalendered (SC) paper on PM 10, which was damaged by a fire in late September, when the machine is repaired. CFO Franz Baldauf rejected recent market rumors suggesting that the firm would convert the machine to produce a packaging grade.

"[The conversion rumor] is not true. We are repairing the machine and will start it at the end of the year, producing the same qualities we did before the fire," Baldauf said.

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