The end is nigh for Qenos, Australia’s biggest plastics manufacturer, after creditors ticked off on a deal to sell the collapsed company to land developers. The deal, agreed to in the second creditors ...
Qenos’ Chinese owner had been in talks over sale and closure of the company for at least nine months
A deal to buy Australian plastics major Qenos for the land value of its NSW and Victorian operations had been under discussion for at least nine months, documents show. And administrator McGrathNicol ...
HOUSTON & MELBOURNE, Australia--(BUSINESS WIRE)--Affirming their strong commitment to international benchmarking and product quality, Qenos and Univation Technologies announced today that Qenos’ ...
Qenos employees are owed about $190m in entitlements, according to court documents, with the Qenos plastics group entering administration with an asset deficit of more than $751m. The figures are ...
Don't miss out on the headlines from Business. Followed categories will be added to My News. The deal, agreed to in the second creditors meeting, will see Qenos’ long-term staff paid out their ...
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