Paper

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.

Sequana shares suspended pending admin move, court postpones Arjo decision

The Commercial Court of Nanterre has postponed its decision regarding the offers made by potential buyers for three Arjowiggins’ French sites that are in administration “in order to allow the best...

Possible bidder emerges for Arjo UK ops

The shareholder of the company that has made a bid for three of Arjowiggins’ French paper mills has told PrintWeek he is also interested in two of the UK operations, which are also in administration.

UPM fined £350k over 2017 mill fatality

UPM has been fined £350,000 after a worker suffered fatal crush injuries when he was struck by a shovel loader at the firm’s recovered-fibre warehouse in Deeside two years ago.

Two Sides takes on greenwash at councils

Two Sides has highlighted unsubstantiated environmental claims at local authorities and challenged the government to enforce compliance.

Scheufelen files for insolvency again

German paper mill Scheufelen has filed for insolvency again, according to German media reports.

Bid tabled for stricken Arjowiggins sites

An offer has been tabled for some of the Arjowiggins paper mills currently in administration, with a recently-formed UK company named as a potential buyer.

Antalis to establish new shareholding structure

Antalis has revealed it will set up a new shareholding structure in the coming months, which could result in Sequana no longer being its majority shareholder.