16 October 2009 15:12 [Source: ICIS news]
TORONTO (ICIS news)--Insolvent textile and leather chemicals producer DyStar has failed to restart its plant at the Ludwigshafen petrochemicals hub in Germany, a spokesperson for one of the firms insolvency administrators said on Friday.
The plant was restarted on Friday morning but production had to be stopped shortly afterwards because of “unexpected circumstances,” Gabriele Wunnenberg told ICIS news without disclosing further details.
Wunnenberg is a spokesperson for Stephan Laubereau, one of three court-appointed DyStar insolvency administrators.
However, production at Frankfurt, where DyStar has a small facility – mostly test production – had been restarted, following the successful resumption of production at the company’s plant in Geretsried, Bavaria, earlier this week, she said.
DyStar, one of the world’s largest textile and leather chemicals producers, had to shut down production at the sites, affecting 1,300 workers, after energy and utility firms cut supplies because of unpaid bills in the wake of the company’s insolvency filing on 28 September.
However, the company was able to continue supplying customers from inventory, the firm’s insolvency administrators said earlier.
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