Zanders Paper Discontinues Business Operations; to Go Into Full Liquidation
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Zanders Paper GmbH announced that its business operations will be discontinued as of 30 April 2021. As the provisional insolvency administrator Dr. Mark Boddenberg announced, no viable concept for the continuation of the company could be found.
After 192 years, the history of the paper mill, which is world-famous among other things for its unique Chromolux paper grade, ends today, the company said.
Zanders paper mill, located in Bergsich Gladbach, Germany, has two paper machines PM2 and PM3, with a combined capacity to produce 325,000 tons per year of speciality papers and board grades used for labels, packaging and graphic applications.
Zanders noted that in regard to open orders and to the sale of remaining paper stocks, customers will be contacted in a timely manner.
The entire staff of Zanders Paper GmbH thanks all customers, suppliers and partners for their loyalty over many decades and even in the difficult past weeks and months, the company concluded.
