13 May 2021
Zanders Papers Goes Bankrupt
GERMANY ,—
Paper mill in Germany
Paper mill in Germany
 Zanders Paper has gone into bankruptcy after  several attempts to save the business via a  restructureing have  proved unsuccessful. The German papermaker is best-known for its high gloss, cast coated Chromolux range of paper, label papers, and board. Zanders was founded in 1828 and the Chromoloux brand dates back to 1958.
It makes other papers under the Zan- range of brands.
Paper manufactures of high gloss board
Paper manufactures of high gloss board " Chromolux
It had been badly hit by the impact of the Covid-19 pandemic, which resulted in a “significant decline in sales” of its specialty papers. Zanders entered a form of creditor protection in March and attempted to reorganise, but this has proved unsuccessful. As a result, operations ceased at the end of last month, and existing orders will not be completed. 
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