Port Hakwesbury Paper SC Price Announcement
Effective with all new or previously entered orders shipping after 9/11/17 the price of our SC products will be increased by $2/cwt and CAD$2.50. This includes Artisan Plus, Artisan, Prominence Plus, Prominence and Maritime and all basis weights of these grades.
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The company’s acquisition has been finalized. Feldmuehle Uetersen announced that it will be transferred to a subsidiary of the Berlin-based Beteiligungsgesellschaft Kairos Industries with effect from 15 June 2018 and will be continued in full. ‘Feldmuehle’ was founded specially for the transfer. The insolvency administrator and restructuring expert Dr. Tjark Thies from the Hamburg law firm Reimer Rechtsanwälte had concluded an acquisition agreement with Kairos in May 2018. This agreement was under several challenging conditions, which were met the week ended June 15. "The successful completion of this refurbishment is largely thanks to the dedication, flexibility and responsiveness of the Feldmuehle employees," says Thies.
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