Baden Board and Baden Packaging report good order situation.
German recycled board and packaging producer Baden Board GmbH plans to end self-administered insolvency protection proceedings this May.
The company has been operating under formal "protective shield proceedings" since 27 November 2019. On 1 February, the responsible court granted a petition submitted by Baden Board GmbH for the opening of insolvency proceeding in self-administration.
Production was currently running at full swing in both the cartonboard and packaging divisions, with full order books and invariably high demand also for grass board, EUWID was told.
EUWID Pulp and Paper keeps busy professionals up-to-date on the latest news from international pulp and paper markets.
To gain full access to EUWID Pulp and Paper news content, and market and price reports on major pulp, paper and board markets in Europe consider subscribing to EUWID Pulp and Paper or start a three-week free trial.