The RDM Group is forced to take this difficult decision due to increasingly challenging market conditions, including a shift in consumption patterns, inflationary pressures in Europe and a challenging geopolitical environment exacerbated by the Russia-Ukraine conflict.
These factors, combined with a significant drop in European cartonboard demand between 2021 and 2023, have led to accumulated stocks in the value chain and therefore very low mill capacity utilization rates.
In Iberia the demand has sharply decreased. This context particularly impacts the Castellbisbal Mill.
RDM Group will continue to operate in Iberia through Paprinsa Mill in Mollerussa, that has greater flexibility options which enable RDM Group to strengthen competitiveness and better adapt to the current and future expected sector’s dynamics. The Group will cover market demand through Paprinsa and other mills in the group for special products.