Showing posts with label Popset. Show all posts
Showing posts with label Popset. Show all posts

Thursday 20 October 2022

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


Wednesday 16 January 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