“There is an interesting touch for a recovery”, affirms the Minister of Industry after the judicial liquidation of Fiber Excellence

“There is an interesting avenue [for a recovery]. All we want is for it to come to fruition,” said Friday, November 13 on ICI Occitanie, the Minister of Industry, Sébastien Martin, the day after the judicial liquidation of the Fiber Excellence pulp factory, in Saint-Gaudens (Haute-Garonne). The approximately 300 employees will all be made redundant.

“A project is emerging with Ghost, a Portuguese paper manufacturer,” recalls Sébastien Martin. The industrialist “needed time” and therefore did not file his takeover file in due form with the Toulouse commercial court, leaving “no other choice but to declare the judicial liquidation” of Fiber Excellence on Thursday, explains the minister. Help for returning to work Pending this project, Fiber Excellence employees will be able to benefit from "a specific service" to help them "find a job", explains the minister.

“Those who have not found a job within a year, or who wish to wait, will necessarily have priority to be recruited in the new project,” affirms Sébastien Martin. The site will also be “secured” so that it “can restart in a year, depending on the GhosT company’s project”. “We have an industrial project leader, we must be able to move this file forward,” concludes the Minister of Industry.

Machine-translated from French