Summary
TEESSIDE'S industry has suffered another blow as the Artenius chemical plant was put into administration by its Spanish parent company leading to the loss of 137 jobs.
La Seda De Barcelona, is closing the plant in Wilton, near Redcar, as part of a five-year restructuring plan which includes selling on five other sites in Europe to focus on the production of polyethylene terephthalate abroad.See the full content of this document
Extract
137 Jobs Axed As Plant Is Put Into Administration
Now the firm has now agreed to work with administrators Deloitte to try to sell on the site as a going concern, which would protect the...
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