Botnia's to Sell Machinery From Kaskinen Mill
Espoo, Finland, 11 June 2010 -- Production at Kaskinen mill ended in March 2009. Botnia has concluded a preliminary sales agreement with an Asian buyer for part of the machinery of the Kaskinen mill. If the agreement is finalized, the dismantling of the machinery will commence at the beginning of August.
The buyer's subcontractor will be in charge of the dismantling, and demolition of some of the existing buildings that are not well suited for other than process industry.
The dismantling project will take a little more than one year and at the peak there will be approximately 80 persons working at the site, mostly employed by the buyer's subcontractor. In addition to present project staff, Botnia employsup to four persons on a temporary basis and some subcontractors.
The forest industry company Oy Metsä-Botnia Ab - marketing name Botnia - was founded in 1973. It manufactures high quality bleached pulp grades under the name Botnia. Botnia is owned by M-real Oyj, Metsäliitto Osuuskunta, and UPM-Kymmene Oyj. The company's pulp mills are located in Joutseno, Kemi, Rauma, Äänekoski.