Dynos Group: New company and new location
News General news
The DYNOS Group is restructuring its locations and sustainably expanding its leading market position as a supplier of Vulcanized Fibre, Pulp, and Speciality Paper.
With the acquisition of the major assets of the US manufacturer Cheney Pulp and Paper, the Group has secured 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. With active staff transfers, a redundancy programme and the formation of a transfer company, the DYNOS Group is making the transition amicable and socially compatible. 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. The management would like to thank all those involved for their great personal commitment.
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. As supply chains and logistics will continue to remain challenging in the near future, an intelligent and future-oriented location policy is of utmost importance: this is what drives the DYNOS management.
