Farcoll shuts down production during liquidation

Because of financial difficulties, the Italian adhesive and impregnating-resin producer Farcoll went into voluntary liquidation on 13 March 2012 and subsequently also shut down production at the beginning of April. The company had already been struggling against business difficulties for a longer period of time, a situation which developed as a result of a decline in sales caused by the generally poor state of the economy and of unpaid buyer accounts.