Daniel Francis Butters and Neville Barry Kahn were appointed Joint Liquidators of Artenius UK Limited on 26 January 2011. The affairs, business and property of the Company are managed by the Joint Liquidators. The Joint Liquidators act as agents of the Company and contract without personal liability.
All Insolvency Practitioners of Deloitte LLP are licensed in the UK.
Artenius UK was a legacy of the former Imperial Chemical Industries (ICI) Wilton site on Teesside, which has been through a number of changes in ownership since the 1990’s. Following its split from ICI in 1998 the business operated under the joint ownership of DuPont until 2000 and subsequently AdvanSA from late 2004.
The La Seda de Barcelona group acquired the business from AdvanSA in October 2006 to form part of its Artenius Group of PET companies, whereby the Company was renamed Artenius UK Limited. The Company traded from a 64 acre freehold facility at the Wilton International site on Teesside.
The Company operated two integrated chemical plants:
Daniel Francis Butters, Neville Barry Kahn and Philip Stephen Bowers, all of Deloitte LLP, were initially appointed as Joint Administrators of the Company on 27 July 2009 by the Company’s director.
Following the appointment, the trading business and assets of the Company were subsequently sold to Lotte Chemical UK, a UK subsidiary of KP Chemical Corporation, on 18 February 2010 following an extensive marketing process.
On 26 January 2011, with the purpose of the Administration having been achieved, the Joint Administrators ceased to act as Administrators of the Company, with DF Butters and NB Kahn subsequently being appointed as Joint Liquidators on the same day.
The Joint Liquidators continue to manage the affairs of the Company.
It is the Liquidators’ intention to provide all statutory information to creditors by use of this website in accordance with new legislation introduced by the Insolvency (Amendment) Rules 2010.
All known creditors will be advised each time a new document has been uploaded to the website and the documents will remain on the website for the duration of the liquidation and for three months after the liquidation has ended.