Arjowiggins Update

Jo Francis from Printweek reported the following yesterday...

Administrators from Interpath Advisory were appointed at ten Arjowiggins Group UK subsidiary businesses four weeks ago, including its Stoneywood paper mill near Aberdeen and the Chartham mill in Kent. 

The closing date for indicative offers in the sale of the businesses passed at the end of last week. A spokesperson for joint administrators Blair Nimmo and Alistair McAlinden told Printweek: “The initial sale of business deadline passed without identifying any immediately deliverable transactions to secure the sale of either UK mill as an operational facility.” 

While the joint administrators will continue to look for buyers, “this will now be alongside the site wind-down strategy and the sale of assets on a piecemeal basis”. The spokesperson added: “If any party has a genuine interest in acquiring both or either mill as an operational facility, then they should contact the joint administrators immediately.” 

Unite Scotland regional industrial officer Shauna Wright said she was saddened at the situation.

Arjowiggins swatches

You can read the full article here: https://www.printweek.com/news/article/end-of-the-line-looms-for-arjowiggins-mills

Zeta - Stationery Papers

The ZETA range of business papers has been around for decades and should need no introduction. For many years it has been the gold standard for stationery papers in Europe, with it's excellent availability in all European countries and Fenner Paper became the UK stockist in 2015. The range has now been refreshed with the addition of a new Laid finish and new shades, including Diamond White, which is now presented in a new swatch designed by Wolfgang Forsch, who has handled the re-brand.

The new swatch is DIN A4 size, portrait format and is a 6pp gatefold. The cover is printed on Zeta Linen, Brilliant 350gsm and is printed in black plus a fluorescent orange.

The swatch shows the new stock range together with all the weights, surfaces and colours...

These fine papers are manufactured at the Reflex Paper mill in the town of Düren in Germany, which was founded in 1857 and the mill also produces transparent papers, label papers and artists papers. All ZETA products are made from Chlorine Free pulp (ECF) and carry the Forest Stewardship Council (FSC) certification.

If you would like one of the new swatches, please email me: justin@fennerpaper.co.uk

http://zetapaper.co.uk/

Posted by Justin Hobson on 17.10.2022

Arjowiggins Mills go into adminstration

https://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-63001007

There is very sad news that the Arjowiggins paper mills in the UK have been placed into administration. There are two paper mills involved employing over 460 people, the mills are in Stoneywood (near Aberdeen) and Chartham in Kent. The same Arjowiggins mills were last in administration in 2019 and the mills in France were either closed or sold but these two UK mills were bought by the management in a deal which was backed to the tune of £7million by Scottish Enterprise. The group also has overseas subsidiaries include the Guarro Casas mill in Spain, and Quzhou mill in China, neither of which is included in the insolvency proceedings ( ...which is a bit strange!)

https://www.printweek.com/news/article/administrators-take-charge-at-historic-arjo-mills

Arjowiggins manufacture many of the brands that readers of this blog will be familiar with including the Curious Collection, Keaykolour, Popset, Conqueror, Rives, which are shown in their lavish swatchbooks (design by North)...

As a result of this situation there may well be shortages for some of these papers. At Fenner Paper, we are increasing our stockholding, especially of our Stardream range (which is a competitor product to Curious Metallics) our Zeta range of premium business stationery paper, our Colorset text and cover coloured paper range and of course our Spectral transparent paper range.

Posted by Justin Hobson 23.09.2022  

Printweek - Paper Supply Crisis

I have written before on this blog about the situation in the paper industry, about the shortages and rapid price increases.

A few weeks ago a very interesting article was written by Jo Francis for Printweek magazine covering the situation, which you can read here... 

https://www.printweek.com/briefing/article/navigating-the-paper-supply-crisis

A particularly interesting part of the article is an explanation of how in less than three years, the industry has lost nearly 6 million tonnes of paper & board production, listing the following mill closures and cuts in capacity:

Cuts to capacity – going, going gone – how nearly 6m tonnes per annum of paper production disappeared

Feb 19: Germany’s Scheufelen files for insolvency for the second time in two years. It had produced 140,000 tonnes of premium coated paper per year

Mar 19: Arjowiggins’ largest mill, Bessé-sur-Braye with capacity of 320,000tpa of recycled coated and uncoated papers goes into liquidation after parent Sequana went into administration

Mar 19: Lecta shuts down coated woodfree production on PM 8 (200,000tpa) at its Condat mill, with the intention of converting it to label and packaging papers

May 19: Stora Enso confirms exit from coated woodfree paper market, removing more than a million tonnes of capacity as a result. The 1.08m/tpa Oulu mill in Finland will be converted to packaging board

Feb 20: Sappi Europe says it will close 240,000tpa coated woodfree PM2 at its Stockstadt mill

July 20: UPM closes its Chapelle newsprint mill in France, which produced 240,000 tonnes of newsprint per year

Aug 20: UPM announces it will shut its Kaipola mill in Finland by the end of the year and decommission its three paper machines, an annual reduction of 450,000 tonnes of newsprint and 270,000 tonnes of graphic grades. It also puts a ‘for sale’ sign up at UK newsprint mill UPM Shotton 

Aug 20: SCA says it will exit the publication papers market

Feb 21: SCA makes its last reel of publication paper at its Ortviken paper mill (756,000tpa) where three paper machines were shuttered and the site switched to the production of chemically pre-treated thermo-mechanical pulp (CTMP)

April 21: Stora Enso plans to close its Veitsiluoto (790,000tpa woodfree uncoated paper) and Kvarnsveden (565,000tpa SC magazine paper) mills in Sweden, slashing annual capacity by 35% to 2.6m tonnes

May 21: Zanders Paper goes into liquidation. It had two paper machines and capacity to make 325,000tpa of high gloss, cast coated paper, label papers, and board

Jun 21: Stora Enso sells its 310,000tpa Sachsen newsprint mill in Germany. The new owners will convert it to make containerboard

Sep 21: Newsprint production ceases at 250,000tpa capacity UPM Shotton. The new owner is converting the mill to produce cardboard

An excellent piece of research by Jo Francis, thank you.I suggest you read the whole article online.

https://www.printweek.com/

Posted by Justin Hobson 30.04.2022

ArjoWiggins mills saved in UK

Today it has been announced that the two remaining UK paper mills of the ArjoWiggins group have been bought in a buyout by the management of the failed mills. This is excellent news for the UK paper industry, saving over 500 jobs.

 

You can read more here on the Printweek site:

https://www.printweek.com/print-week/news/1168845/arjowiggins-uk-businesses-acquired-in-mbo

I have previously written about ArjoWiggins when they went into administration here and when their mill in France closed here, taking with them products that many were familiar with including Cyclus, Cocoon, Chromomatt, Satimatt etc...

This buyout involves two UK paper mills, Stoneywood, based in Scotland and Chartham, based in Kent. This is very positive news for the UK and it is great that the management finally managed to convince the banks that it was a risk worth taking. Apparently significant financial backing has also been received from the economic development agency Scottish Enterprise. In these strange political times, it will be interesting to see how the Scottish parliament will view the Scottish development agency propping up a paper mill based in Kent! 

 

Recent history demonstrates that many paper mills that come out of administration often don't make it and go bust again, Let's hope that is not the case for these mills and they can make a positive contribution to the UK economy.

Posted by Justin Hobson 25.09.2019

Shiro Echo is 100% Recycled Paper

Many readers will know of our lovely range of ecological papers from Favini called SHIRO. Favini is a paper manufacturer based in Italy with mills in Vicenza near the city of Venice and at Crusinallo. They have taken a lead in the utlisation of non wood pulps since the early 1990’s and they are the manufacturers of the SHIRO range.

With the demise of the ArjoWiggins recycled mills and with it the products Cyclus and Cocoon, many printers and designers have been turning to Shiro Echo as an alternative.

Shiro Echo is available in two shades; there is a white shade (which is a natural/off white) and similar to the old shade of Cyclus and a Bright White shade which is similar to the old Cocoon. It is 100% Recycled and also carries the FSC Recycled classification.

As you can see from the image below, we have good stock availability in the UK, in fact many, many tonnes!

You can see the range here.

If you would like a swatch, please email me Justin@fennerpaper.co.uk

Posted by Justin Hobson 27.05.2019

ArjoWiggins - news update

Back in January I wrote about the situation at ArjoWiggins, which had placed five of it's manufacturing mills into administration. There are three paper mills in France employing over 900 people and two mills in the UK plus other subsidiaries employing over 600 people and I wrote about the situation in the beginning of the year here.

Yesterday, there was a ruling by the court in France, who had the final decision on the offers that had been made by the various interested parties interested in buying the business or parts of the business.

Unfortunately the outcome is far from positive. The largest mill in Bessé-sur-Braye (Sarthe), which employs over 550 employees is to be closed. The various offers and recovery plans were unable to raise the necessary capital (15 million Euros was needed) and therefore must now close. Amongst others, the mill makes Cocoon, Cyclus, Maine, Satimat and Chromomat.

The Greenfield recycled pulp mill (Château-Thierry) has been sold to the German tissue producer Wepa and apparently all 75 jobs are to be saved.

The French court approved the plan for the takeover of the Le Bourray mill, located in Saint-Mars-la-Brière, by a local company CGMP which is a manufacturer of towels, tablecloths, paper rolls and is a long time customer of the mill. The good news is that they will retain over 100 of the original 260 employees, however the mill will cease production of all graphical papers which also includes part of the Cyclus range.

So will this mean the end of Cyclus? In terms of the manufacturing, the mills are closing, so that is that; but the chances are that some company will buy the Cyclus brand and keep it on the market. In fact Cyclus has only been made at these French mills since 2012! Cyclus was originally conceived in the mid 1990's at a Danish paper mill called Dalum, which was bought by ArjoWiggins in 2007 and subsequently closed by them after transferring production to their mills in France with the loss of 260 Danish jobs, which I wrote about here.

This recent news shows what a bad state the paper manufacturing world is in. The combination of decreasing demand and higher energy and raw material costs including both pulp and chemicals means that all manufacturers are having a rough time.

So what of ArjoWiggins Creative Papers in the UK with paper mills at Stoneywood (Scotland) and Chartham (Kent)? Apparently the administrators are conducting due diligence with a "preferred bidder" however it is worth remembering that this was the case with the French mills up to last week. Stoneywood makes ranges such as Keaycolour, Curious, Olin, Popset, Conqueror etc and Chartham makes translucent (tracing paper). I can't make a guess as to whether the mills will survive; certainly it is a matter of record that a multi million pound investment is needed for a new power plant at the Stoneywood mill which has just under 500 employees. ArjoWiggins also owns a mill in Quzhou (China) where they make the same tracing paper products (reputedly much cheaper) so although the brands certainly have value, who knows if the banks will support a bidder looking to buy these mills.

Antalis is a separate listed company but a majority shareholding is held by Sequana (the holding company which own ArjoWiggins). However on 21st March, Sequana filed for bankruptcy to protect themselves and to give them time to "restructure" the Antalis shareholding (this means selling shares to anyone else other than Sequana). How will this go? Given the fact that it was only in 2017 that Antalis had to withdraw their 'junk bond' offering to the market due to lack on interest, so maybe things don't look so good. David Hunter (MD of Antalis) has been making positive statements about the future of Antalis as you might expect.

You can read more following these links here...
https://www.printweek.com/print-week/news/1167297/largest-french-arjo-mill-to-liquidate-as-two-more-sold-on
https://www.printweek.com/print-week/news/1167209/arjo-admin-reports-reveal-full-scope-of-debt
https://www.printweek.com/print-week/news/1167220/antalis-md-speaks-out-on-sequana-arjo-situation
With thanks to Printweek.

Posted by Justin Hobson 30.03.2019

ArjoWiggins Paper Mills go into Administration

There is very sad news that ArjoWiggins, part of the Creative Papers division of parent company Sequana has placed all of it's manufacturing mills into administration. There are three paper mills in France employing over 900 people and two mills in the UK plus other subsidiaries employing over 600 people.

It shows what a bad state the paper manufacturing world is in. The combination of decreasing demand and higher energy and raw material costs including both pulp and chemicals means that all manufacturers are having a rough time. If a buyer or buyers for the individual mills are not found, then the mills may be closed down.

Antalis is a separate listed company but a majority shareholding is held by Sequana. At present, Antalis is unaffected, although they are the exclusive UK stockists of many of those brands made by the ArjoWiggins mills, including Curious, Cyclus, Olin, Keaykolour, Popset etc. (all are registered trademarks of ArjoWiggins Fine Papers).

As a result of this situation there may well be shortages for some of these papers. At Fenner Paper, we are increasing our stockholding, especially of our Stardream range (which is a competitor product to Curious Metallics) and our Colorset text and cover range.

If you would like to read more about the current situation, here are some links:
https://www.dailymail.co.uk/wires/pa/article-6594037/Hundreds-jobs-risk-paper-owner-enters-administration.html

https://www.printweek.com/print-week/news/1166595/arjowiggins-uk-businesses-enter-administration

Posted by Justin Hobson 16.01.2019

Unpaid-for advertising!

Just when you think you've seen and heard it all before, something comes along that shakes it all up!

Most people will know that although I write this blog, I'm hardly obsessed by social media, not particularly worried about what people think of me or the company (unless it's negative) and certainly not concerned about "driving traffic" to websites or our products etc. I'm flattered that well over a thousand people check out this blog every week but I write it out of a desire to show genuinely good work which is mainly (but not exclusively) using papers from Fenner Paper ...and I can share it with many more people than I can actually go and physically visit.

So I was more than a little surpised when I received an e-mail from the PR company (lexispr.com) that works for the global paper conglomerate, ArjoWiggins, asking if I might be interested in putting their new EBS tools (whatever the heck, they are!!!) and their new video on my blog!

So, I was now clearly faced with a dilema. Do I simply say that it's a conflict of interest and politely tell them to go away?
...or should I allow the company which turns over £1.5 billion (...yes, you read that right 1.5 BILLION pounds!) and over 6000 employees, the oxygen of publicity on my blog!

Just so you're sure you know who I'm banging on about, this is the company that makes brands such as Conqueror, Chromomat, Curious etc. which I'm sure you're all familiar with. Technically they are a competitor but in the shark infested waters of the papery ocean, they are the size of a whale and we are not much bigger than plankton!

So I thought long and hard about it and thought, why not! I feel quite chuffed that they're asking little old Fenner Paper who has 15 employees and a turnover of less than 1% of their £1.5 billion for our help! ...and the video is about the use of recycled paper, so I figured it might work just as well for us as our Colorset is the only 100% recycled coloured text and cover paper on the market.

So here are the EBS tools (!) and the video:
http://smr.lexispr.com/arjowiggins/ebs-video  [not many of you readers place comments on the blog, but do lets get some reader reaction]

After this major publicity coup, maybe they'll make me an offer - a corner office, an executive chair, a shiny suit and place on the board - problem is I don't speak French - oh salaud!

http://www.arjowiggins.com/

http://www.lexispr.com

Posted by Justin Hobson 28.07.2011