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Historic Swedish mill Lessebo Paper has halted production after the energy price crisis resulted in a €16m (£13.8m) increase in electricity costs. ....
End of the line for historic papermaker Jo Francis Friday, May 7, 2021 Zanders Paper has gone into liquidation after attempts to save the business via a financial restructure proved unsuccessful. The Zanders mill is near Cologne in Germany The German papermaker is best-known for its high gloss, cast coated Chromolux range of paper, label papers, and board. It had been badly hit by the impact of the Covid-19 pandemic, which resulted in a “significant decline in sales” of its specialty papers. Zanders entered a form of administration in March and attempted to reorganise, but this has proved unsuccessful. As a result, operations ceased at the end of last month, and existing orders will not be completed. ....