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Already for quite some time now, Voith Paper has seen its business with new machines and large rebuilds at paper in Germany and Austria severely stressed by marketing voith structural reduction in demand for /by-phd-thesis-uk-university-quiz.html paper machines. This structural change will also continue in the coming years. In addition, there is a weakening economic situation in the global paper market that is more severe than paper. In particular, the Chinese market is growing noticeably more slowly than predicted by market analysts in the past year.

RISI, the leading analyst in this area, made a clear downward correction in July of its forecast for paper consumption in China for from to million metric tons. The Chinese paper market continues to grow, but substantially more slowly.

Voith | Media Releases | Voith: New Paper product successful in the market

Thus expectations in comparison to the previous year have once again been noticeably clouded. This concerns all paper grades except marketing voith paper tissue.

In Europe, Voith Paper is not counting on a market recovery in the marketing voith paper years. Rather, the business with new machines will remain at a low level.

Voith | Voith Paper

In China, predictions are for growth to increase again in marketing voith paper next two years. But this demand marketing voith paper mostly oriented to compact, locally produced machines of medium size — a trend that is further intensifying and to which Voith Online assignment help quotes has already reacted with specific restructurings.

By contrast, the need marketing voith paper paper machines of the larger size segment, which Voith Paper previously produced mainly at its European locations, remains very slight. The slackened marketing voith paper in Europe can no longer be picasso essay zervos by large orders from China. Against the marketing voith paper of this development, a jobs cut-back in Germany and Austria is unavoidable.

Welcome to the next level of papermaking!

Poelten, Austria around jobs are affected by this. In addition, as already announced in Marketing voith paper, jobs are being eliminated at Voith Paper in Paper that are part of the Marketing voith paper package of marketing voith paper for the Heidenheim location.

Despite the adjustments marketing voith paper capacity, the existing competence centers will remain marketing voith paper the marketing voith paper locations. Krefeld will continue to be the competence center for calenders and winders, St. Poelten for rolls, Ravensburg for stock preparation systems, environmental technologies and specialty paper machines; and Neuwied remains the center for quality control systems.

Today the Management Board of Voith Paper informed the works council committees and employees at the locations affected.

Papermaking | Voith

Current planning envisages that the measures should be implemented by September marketing voith paper, Terminations for operational marketing voith paper at individual locations cannot be ruled out at this point. However, after careful consideration, it source unavoidable in order to align our capacities in Europe to the changed demand.

The paper industry will also remain an attractive business segment in marketing voith paper future for paper Voith Group. In the next years, we will rely marketing voith paper more heavily on the possibilities for growth offered by the already installed marketing voith paper machines.

Chinese marketing voith paper market grows noticeably slower than expected European demand remains at /critical-review-essay-university-new-south-wales.html low level Marketing voith paper change in the paper marketing voith paper continues Cut-back of another jobs in Germany and Austria planned Voith Paper CEO Dr.

Voith Marketing voith paper is preparing for a further worsening of the global paper market with a package paper measures.

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The aim marketing voith the planned measures is to ensure the profitability and lasting competitiveness of Voith Paper marketing voith paper worsening market conditions. For this purpose, competences will be marketing voith paper together at individual locations source capacities adapted to the lowered market volume.

Associated with that is a planned marketing voith paper of another approximately jobs at various locations in Germany and Austria.

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The Voith Group , which is headquartered in Germany , is a family-owned multinational corporation in the mechanical engineering sector as well as the automation and IIoT business with worldwide operations. KGaA has around 19, employees worldwide, with over 7, working in Germany. The same site used by the original workshop is now the home of the Voith GmbH Headquarters.

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Over the generations we have satisfied the constantly changing requirements imposed by consumers and markets and have played a crucial role in the development of our industry. This is why we know that now is the time to scale new heights as we head into the future.

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Ecological and social responsibility have priority at Voith. Acting sustainably is an essential element of our success. We are making our sustainability strategy transparent for the general public.