Feb. 18, 2016 - Green Elephant Industrial Holding is the new name behind the German magazine paper manufacturer Walsum Papier, according to a news report on EUWID.
The Luxembourg-based investment company has acquired the former Norske Skog mill out of insolvency proceedings.
Green Elephant is said to continue with LWC paper production on the 215,000 tpy PM 10 in Walsum. The business will be transferred to the new owner on 19 February.
The full story is available at: www.euwid-paper.com