UPM is in negotiations with the joint venture VPK Packaging Group NV and Klingele Papierwerke to sell most of its Stracel mill located in France. The intent to sell the Stracel mill was announced by UPM in August 2011 following a comprehensive review of the long term competitiveness of its publication paper mills. VPK and Klingele plan to convert the mill into a recycled fibre-based containerboard unit, producing fluting and test-liner; while UPM would retain part of the land for potential future production of advanced biofuels.