The Cham Paper Group has entered into a cooperative venture with Brigl & Bergmeister (“B&B”), of Niklasdorf, Austria, a manufacturer of single-sided coated speciality papers. B&B is assuming the production and marketing of silicone-base papers (CCK or clay-coated kraft papers) for release liners at its production site in Niklasdorf. The Cham Paper Group will be contributing the specific technological expertise required to this end. The first products manufactured at this site will be available in the second half of 2013.
The Cham Paper Group discontinued manufacturing these specialty papers in the course of transforming its production capacity in mid 2012. Cham produced inventory stocks for its customers in order to secure deliveries established under contract through 2013. Cham and B&B have agreed to maintain confidentiality pertaining to the details of this cooperative venture.