Stora Enso sells Newton Kyme assets

Stora Enso is continuing talks with several interested parties over the sale of assets from its Newton Kyme mill in North Yorkshire

Stora Enso is continuing talks with several interested parties over the sale of assets from its Newton Kyme mill in North Yorkshire (PrintWeek, 19 January).

A spokesman for the company said one sheeting machine had been sold internally, and there had also been some interest in the off-machine coater.

The main area of interest appears to be the Far East, particularly India, he added.

The 22-acre mill site will also be put up for sale, but the spokesman said the company was hopeful it would be bought by an industrial party which could provide re-employment in the area.

Stora Enso closed the Tadcaster plant in October last year with the loss of 170 jobs, taking out 40,000 tonnes of folding boxboard capacity.