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Cellulosa Argentina Stopped Production in Two Plants and Seeks a Partner to Enter the Business
10 Articles
10 Articles
With a debt of more than US$ 128 million and no working capital, the historic wastebasket suspended its productive activity. It only maintains the plants. The deterioration of the company accelerated in April and still failed to close an agreement with the creditors.
The company stopped production in Capitán Bermúdez and Zárate. Financial restructuring is still blocked and already faces a request for bankruptcy. There is uncertainty about the future of work and what can happen with its operations. Celulosa Argentina informed the CNV this Wednesday that its plants Capitán Bermúdez (Santa Fe) and Zárate (Buenos ... Celulosa paralyzed its plants, faced a request for bankruptcy and there is uncertainty about the…
The historic company Celulosa Argentina informed the CNV this Wednesday that its plants of Captain Bermúdez (Santa Fe) and Zárate (Buenos Aires) were completely paralyzed. Only minor maintenance tasks are performed with personnel who are not on leave. The decision responds, according to
With r cord debts and sales in ca da, Celulosa Argentina stopped two plants and admits not being able to pay. Bet everything to a salvatage that seems more and more distant.
The company, controlled by the Tapebicuá group, faces a severe financial crisis, with a decline in sales of more than 30% and an increase in dollarized costs
The company stopped production in Capitán Bermúdez and Zárate. The financial restructuring continues to be blocked and already faces a request for bankruptcy. There is uncertainty about the future of work and what can happen with its operations. Celulosa Argentina informed the CNV this Wednesday that its plants of Capitán Bermúdez (Santa Fe) and Zárate (Buenos [...] La entrada Celulosa paralysed its plants and there is uncertainty about the futu…
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