Nippon Paper to Shut Hungarian CMC Plant, Citing Battery Market Conditions

Nippon Paper will suspend operations at its Vácrátót, Hungary CMC plant from December 31, per Magyar Nemzet. The 2022 facility supplies carboxymethyl cellulose for battery applications; the move signals weakening demand or cost pressures in the European battery supply chain. The shutdown is a localized industrial contraction with potential implications for regional employment and battery-material supply.