Tag Archives | KP Chemicals

Artenius UK sold to KP Chemicals

It seems our sources were right (see last entry)! Administrators Deloitte yesterday confirmed that its assets have been sold to KP Chemical Corporation subsidiary Lotte Chemical UK. The PTA and PET assets at Wilton will give KP a manufacturing base in Europe, which could be fantastic news for them if markets improve. PET and PTA […]

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KP Chemicals nears deal for Wilton Artenius assets

South Korea’s KP Chemicals will buy the PTA and PET assets of bankrupt Artenius UK at Wilton, northeast UK within the next few weeks, a source familiar with the deal has told me.Journalists at ICIS have been working hard to get KP Chemicals or people from Artenius’ administrators, Deloitte, to confirm strong market rumours over […]

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