Biltube: Its Indian Owners Still Searching for a Solution

The Biltube Europe Ltd paper mill located in Saint Didier en Velay remains closed due its lack of cash to buy raw materials although the senior management of the Indian company that owns it are now there and are striving to find a solution. The company’s headquarters in India was relocated to France to enable to obtain bank loans. Discussions are on-going with local, provincial and national elected representatives as its attempts to find a way out of the impasse. According to our contacts the Indian owners highlighted the burden of high power input costs and would like to see preferential conditions on this point.

The plant remains closed and its employees subject to administrative redundancy.

The mill was founded in 1625 and is one of France’s oldest paper mills. The production capacity of its 2 m wide machine is 30,000 t/year of recycled fiber based board for tubes.

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