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Fibre Excellence: the Occitanie region is asking for a temporary nationalisation of the pulp and paper mill
France🏛️ PoliticsProgressive5 hr. ago

Fibre Excellence: the Occitanie region is asking for a temporary nationalisation of the pulp and paper mill

The regional president of Occitanie, Carole Delga, has called for a temporary state takeover of the paper pulp plant Fibre Excellence located in Saint-Gaudens, Haute-Garonne, to allow time for forming industrial partnerships. She proposes a state stake of 15 million euros, split between capital and cash, while the region would contribute 13 million euros. Delga argues this measure is within the President of the Republic’s authority and emphasizes the need to combat stagnation. The plant, which has been idle since April, faces potential liquidation by September unless a buyer is secured. A Portuguese industrialist visited the facility recently, but further progress is needed before the court deadline.

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Le Figaro logoLe FigaroIndependent🔒Progressive5 hr. ago
Fibre Excellence: the Occitanie region is asking for a temporary nationalisation of the pulp and paper mill

The regional president of Occitanie, Carole Delga, has called for a temporary state takeover of the paper pulp plant Fibre Excellence located in Saint-Gaudens, Haute-Garonne, to allow time for forming industrial partnerships. She proposes a state stake of 15 million euros, split between capital and cash, while the region would contribute 13 million euros. Delga argues this measure is within the President of the Republic’s authority and emphasizes the need to combat stagnation. The plant, which has been idle since April, faces potential liquidation by September unless a buyer is secured. A Portuguese industrialist visited the facility recently, but further progress is needed before the court deadline.

Bias read (Progressive): The article frames the call for state intervention as a necessary and urgent action to prevent economic decline and protect jobs. It highlights the regional leader’s proactive stance and positions the state’s involvement as a solution to bureaucratic delays. The emphasis on 'fighting immobilism' and

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