Paper
Largest French Arjo mill to liquidate as two more sold on
The Arjowiggins site in Bessé-sur-Braye will go into liquidation, leading to the loss of 580 jobs, while a sale has been agreed for the Château-Thierry plant alongside a partial sale of the Bourray...
Heaven 42 production moves to Sappi
Igepa has moved the production of woodfree coated paper grade Heaven 42 to Sappi.
French Arjo staff doubt successful sale amid court delays
Arjowiggins staff at the paper manufacturer’s French plants continue to await a decision on the sale of the business, as the court delays its decision once again.
Arjo UK admins now working with preferred bidder
Administrators at the Arjowiggins UK operations are working with a preferred bidder for a large part of the business and hope to conclude a deal next month.
Antalis MD speaks out on Sequana/Arjo situation
Antalis is “driving the process” of selling on major shareholder Sequana’s shares as the paper group files for bankruptcy and long-time supplier Arjowiggins goes into administration.
Sequana files for bankruptcy over contested fine
Sequana’s safeguarding procedure has been converted into bankruptcy as the Commercial Court of Nanterre has passed down its decision.
Arjo admin reports reveal full scope of debt
Arjowiggins is handing over weekly payments to keep the lights on at its UK mills to offset a £1.2m debt to its energy provider, according to documents filed by the administrators that also highlight...
Employees approve offer for French Arjo sites ahead of court decision
Employees at the French Arjowiggins sites in administration have agreed to accept an improved offer put forward by Lessebo.
Stora scales back Oulu conversion plan
Stora Enso is consulting with employees over revised plans to convert Oulu Mill to packaging board. The latest proposal would involve shutting one of the site’s paper machines with the potential loss...
Arjo UK ops courted by three bidders
Three businesses are now in contention to buy the Creative Papers aspect of Arjowiggins’ UK operations, which is currently in administration.