The French industrial fund Ansval Invest France has given up its plans to take over Arjowiggins' shuttered Charavines mill in France to produce a new type of greaseproof paper using a technology referred to as "chromatografting." The reason, the firm said, is lack of startup support from Arjowiggins.

Chromatografting implies making paper and board water- and greaseproof without applying a barrier coating, but by grafting onto the basic cellulose polymer, thus protecting the paper. Ansval planned to start with a capacity of 12,000 tonnes/yr, which it could later scale up to 20,000 tonnes/yr.

risiinfo.com