The Company Propal Asks for Liquidation and Shuts Down Its Plant in Cauca: the Green Resma Comes to an End
6 Articles
6 Articles
The historic wastebasket of the Carvajal Organization suspended operations in Guachené and estimates that its liquidation process will last between 18 and 24 months
The governor of Valle del Cauca, Dilian Francisca Toro, spoke about the announcement that leaves 400 families in uncertainty and turmoil.
The company attributed its decision to the losses recorded in recent years and to a market environment that ended up making business continuity unviable.The article Propal puts an end to its operation and enters into judicial liquidation proceedings was originally published in Las2orillas.co: Stories, Voices and News from Colombia. Copyrights Las2orillas.co
Propal requests his judicial liquidation and suspends operations of his plant at the Cauca Agencia Period... Fri, 31/07/2026 - 16:56 The company made the decision after concluding that its financial situation makes it impossible to continue with the business.
The company argued that the persistence of low prices, weight revaluation and operational losses made its operations unworkable.
Propal will enter into liquidation after several years of crisis. Logo: Propal. Propal, one of the companies of the Carvajal group, with high recognition in the paper market and one of the main national producers of paper for printing, writing, cardboard and packaging, completely stopped its operation. Its shareholders approved the company to request the opening of a judicial liquidation process before the Superintendency of Societies. The proce…
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