30 Jan 2023 --- The District Court of Noord-Holland, Netherlands, has declared Crown Van Gelder bankrupt. The Dutch paper producer reportedly filed for bankruptcy due to ongoing high energy and raw materials costs. The paper industry in the Netherlands, with 4,000 employees, produces various types of paper for specific applications, such as ice cream packaging, luxury shippers and high speed inkjet printers. “Because of the stagnation in the market, our paper machines often came to a standstill,” director Miklas Dronkers tells the Dutch newspaper de Volkskrant. “The costs continued and we were already tight, because the prices for energy and raw materials had risen enormously after the pandemic.”
