The site of the former Cham Paper Group will be converted to an urban district from autumn 2019 onwards. Due to the rental agreement expiring, Sappi Europe will have to leave the Cham site no later than the end of June 2019.
Shareholders are likely to approve a tie-up between Brazilian pulp firms Fibria Celulose SA and Suzano Papel e Celulose SA , an executive at Brazilian development bank BNDES said on Tuesday.
