Spain: Alier has announced an agreement with creditors to restructure its debts. The agreement, to be officially settled in court, will make it possible for the plasterboard liner producer to continue the investment plan on industrial modernisation and quality improvements. The deal, supported by the major creditor banks, was made with the majority of the creditors on 28 June 2016.
Alier has forecast that its production of plasterboard liner for the gypsum wallboard industry will be 155,000t in 2016. Following its expansion plan this could reach 200,000t.
