Colombian pulp and paper company Propal has initiated judicial liquidation proceedings and suspended operations at its Guachené plant. The company cited consistently low prices as a primary factor contributing to its financial difficulties. A strengthening Colombian peso and ongoing operational losses further exacerbated the situation, rendering continued operations unsustainable. This decision signals potential disruption within the national pulp and paper supply chain. Propal’s closure will likely impact local employment in the Guachené region. The judicial liquidation process will determine the handling of company assets and outstanding debts. The company’s struggles reflect broader challenges within Colombia’s manufacturing sector amid economic pressures.