French Pulp Mill Liquidated; Portuguese Group Ghost Eyes Takeover

The Toulouse Commercial Court has ordered the judicial liquidation of Fibre Excellence's Saint-Gaudens plant, France's last merchant paper pulp mill, resulting in over 200 layoffs. A potential takeover by Portuguese group Ghost could reemploy some workers, but the deal is uncertain. The closure marks a structural decline in European paper pulp production, with implications for regional employment and supply chains.

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