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Mon, Aug 15, 2022 15:29
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Management Side
Dynos acquires Cheney Pulp and Paper

The Dynos Group has acquired the major assets of the US manufacturer Cheney Pulp and Paper, an important player for the processing of plant fibres on the international market.

In the process of the global realignment, the production of rags (processing of used cotton textiles) and linters in Bad Duerkheim has been ceased. After the takeover from the insolvency of Cordier Spezialpapier with the prevailing very demanding circumstances as per September 2020, a sustainable economic perspective for the pulp production at this location, especially as intensified by the strongly increased procurement and energy costs, was no longer feasible.

Cheney has been active in the pulp and specialty paper market for over 75 years. The site in the US state of Ohio will assume a central function in the supply of raw materials for the Dynos Group. Cheney's unique experience in rag manufacturing, their high efficiency and cost leadership as well as their excellent customer contacts will strengthen the Dynos Group in the long term. Hence, Dynos secures, in particular, the added value of its successful products from its own resources.

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