Papeterie du Doubs could soon be liquidated. The commercial court of Besançon set a deadline for the sale of the company.
French manufacturer of recycled packaging paper Papeterie du Doubs has been given one month to save the company. Its deputy managing director reported that the paper producer had to find a buyer until 15 may, otherwise it would be liquidated. He explained that Papeterie du Doubs was having financial difficulties.
In contrast, problems concerning raw materials supply which had led to a ten-day production stop at the end of January have reportedly been solved. The company said it would currently produce around 210 t of paper per day. At its facility in Novillars in eastern France, Papeterie du Doubs produces testliner and corrugating medium on one machine.
Papeterie du Doubs has been in receivership since 30 January 2012. The commercial court of Besançon originally set a six months observation period closing at the end of July.