Feldmuehle operates one paper mill in Uetersen, Germany. The mill produces about 80,000 tons per year of label papers and flexible packaging papers.
Aug. 1, 2025 - Feldmuehle has implemented all necessary steps to maintain business operations during the preliminary proceedings.
The German manufacturer of coated label papers and flexible packaging papers filed for insolvency under self-administration in early-June and seeks to restructure under the German Insolvency Act.
On Aug. 1, the insolvency proceedings under self-administration will begin as planned. As in the preliminary self-administration proceedings, the management will continue to be responsible for all operational processes, including financial management, under the supervision of the court-appointed administrator Andreas Romey, the company explained.
In a press release, Feldmuehle stated, "In recent weeks, management has reached reliable agreements with our stakeholders, including energy suppliers, insurance companies, suppliers of raw and auxiliary materials, and service providers. Just-in-time delivery is running smoothly, enabling us to continue to fulfill our customer orders on time and with the usual high quality.
"We are currently receiving a great deal of support from our customers - whether in the form of orders, where we are currently seeing a positive trend, flexibility or encouraging feedback. This shows us that we continue to enjoy their trust. We would like to express our sincere thanks for this.
"In parallel with operational stabilisation, we are working intensively on cost reduction and structural realignment of the company. Our goal is to make Feldmuehle sustainably competitive and future-proof.
"We are currently carrying out maintenance work on the technical equipment and infrastructure, and we will restart production at the end of next week as planned. A strong signal: our employees stand behind the company with great commitment and conviction. This dedication is a key success factor on our path through the restructuring process."
Feldmuehle operates one paper mill in Uetersen, north of Hamburg. The mill produces about 80,000 tons per year of paper.
SOURCE: Feldmuehle GmbH
Go to a related article: German Specialty Paper Producer Feldmuehle has Filed for Insolvency, Seeks Restructuring - June 4, 2025.