Bids for Artenius.TWO bidders were reported over the weekend to be in discussions to buy the mothballed Artenius plastics plant at Wilton. The Sunday Sunday: see Sabbath; week. Times said US group International Process Plants - a global supplier of used processing plants and processing equipment - and Indonesian firm Indorama - a global manufacturer of industrial products, including the plastics chemicals PET and PTA PTA or parent-teacher association: see parent education. , both of which were produced at the Wilton plant - were said to be in talks with administrators at Deloitte. No one was available at Deloitte to comment. Last week, most of the remaining 247 Artenius staff were made redundant - 137 had earlier lost their jobs following parent company La Seda de Barcelona's decision to put the plant up for sale as it sought a refinancing Refinancing An extension and/or increase in amount of existing debt. package. |
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