{"id":153276,"date":"2024-11-08T07:23:00","date_gmt":"2024-11-08T06:23:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=153276"},"modified":"2024-11-04T12:07:27","modified_gmt":"2024-11-04T11:07:27","slug":"kelheim-fibres-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/kelheim-fibres-files-for-bankruptcy\/","title":{"rendered":"Kelheim Fibres files for bankruptcy"},"content":{"rendered":"\n\n\n

Kelheim Fibres filed for bankruptcy at Germany\u2019s Regensburg District Court on 22 October, according to local news publication\u00a0Mittelbayerische<\/em>.\u00a0<\/p>\n\n\n

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\"Kelheim
Kelheim Fibres has a plant based in Bavaria, Germany. Credit: Shutterstock.<\/figcaption><\/figure><\/div>\n\n\n

Local news reports claim it has struggled to compete with the prices offered by its competitors in Asia and it has also suffered from high energy and raw material costs<\/p>\n\n\n\n

This is said to have made it difficult for the company to operate in a financially viable way, according to local news publication BR24<\/em>, however it adds that Kelheim Fibres hopes to implement its own restructuring plan. <\/p>\n\n\n\n

Kelheim Fibres was unable to share an official statement with Just Style at the time of going to press. <\/p>\n\n\n\n

On its official website Kelheim Fibres says it produces fibres that leading corporations use to manufacture products in the areas of feminine hygiene and body care, filtration, insulation and textiles. Its applications include apparel, technical fibres, nonwovens and hygiene, specialty papers and tailor made solutions. <\/p>\n\n\n\n

In July Kelheim Fibres announced it had established a solid financing plan for future profitability with the completion of a restructuring agreement.\u00a0<\/p>\n\n\n\n

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At that time CEO Craig Barker expressed optimism. He said: \u201cThe past few years have been very challenging for us and many other companies. Our financiers have shown exceptional commitment and rightly expect us to advance the operational restructuring measures that have been initiated.\u201d<\/p>\n\n\n\n

The restructuring measures included streamlining the product portfolio towards more specialties \u2014 a shift that was initiated several years ago. <\/p>\n\n\n\n

Kelheim Fibres also shared at that time that it has maintained the trust of its suppliers and customers through transparent communication. The sale of a non-essential property made a significant financial contribution to its restructuring plan and cooperation with local authorities had been crucial in the process.<\/p>\n\n\n\n

In an interview with Just Style earlier this year Kelheim Fibres\u2019 project manager for new business development explained how the company was ensuring the future of period underwear made from viscose fibres was sustainable.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kelheim Fibres filed for bankruptcy at Germany\u2019s Regensburg District Court on 22 October, according to local news publication\u00a0Mittelbayerische.\u00a0 Local news reports claim it has struggled to compete with the prices offered by its competitors in Asia and it has also suffered from high energy and raw material costs This is said to have made it […]<\/p>\n","protected":false},"author":59,"featured_media":153303,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"German speciality viscose fibre manufacturer Kelheim Fibres has filed for insolvency, however production is expected to continue under a protective shield procedure, according to local news reports","footnotes":""},"categories":[5572],"tags":[5838,21640,11877,12468,17729],"supplier":[4179],"class_list":["post-153276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bio-based","tag-bioeconomy","tag-hygieneproducts","tag-naturalfibres","tag-textiles","tag-viscose","supplier-kelheim-fibres-gmbh"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/153276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=153276"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/153276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media\/153303"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=153276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=153276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=153276"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=153276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}