Samjung Pulp Set to Temporarily Shut Down Pyeongtaek Mill Amid Import Pressure

Samjung Pulp is moving toward a temporary shutdown of its Pyeongtaek mill operations after sustained losses driven by the influx of cheaper imported paper grades into the Korean market. Intensifying competition from overseas suppliers has eroded margins, making continued operation of the site increasingly uneconomic despite cost-control efforts. The company is understood to be reviewing production allocation, supply contracts and asset utilization as it prepares for the shutdown decision, with potential implications for local customers and employees. The Pyeongtaek mill has historically supplied key domestic packaging and industrial paper segments, so the pause in operations may further reshape Korea’s pulp and paper supply landscape. Market observers view the move as part of a broader structural adjustment as domestic mills struggle against rising imports and changing demand patterns.