Fibre Excellence in Saint-Gaudens: six-week reprieve before liquidation
The Toulouse commercial court grants a further delay to the Fibre Excellence plant in Saint-Gaudens.
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2 million
280 jobs are at risk, with a debt of 54 million euros and a 2 million euro guarantee paid
The fact
280 jobs are at risk, with a debt of 54 million euros and a 2 million euro guarantee paid.
An industrialist offers a preliminary bid to save the site, France's last major paper pulp factory.
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Why it matters
La fermeture de cette usine symboliserait un nouveau recul de l'industrie française dans un secteur stratégique. Elle interroge aussi la capacité des pouvoirs publics à sauver des emplois industriels.