Propal Requested Judicial Liquidation and Suspended Operations of His Plant in Guachené
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Propal requests his judicial liquidation and suspends operations of his plant at the Cauca Agencia Period... Fri, 31/07/2026 - 16:56 The company made the decision after concluding that its financial situation makes it impossible to continue with the business.
The company argued that the persistence of low prices, weight revaluation and operational losses made its operations unworkable.
Propal will enter into liquidation after several years of crisis. Logo: Propal. Propal, one of the companies of the Carvajal group, with high recognition in the paper market and one of the main national producers of paper for printing, writing, cardboard and packaging, completely stopped its operation. Its shareholders approved the company to request the opening of a judicial liquidation process before the Superintendency of Societies. The proce…
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