News

rPET pioneer enters examinership

24/06/2025

An Indorama Ventures company since 2011, Wellman International has filed a petition to place its facility located in Mullagh, Ireland, into examinership. It cited double-digit losses in both 2023 and 2024, due to increased energy prices, and ‘fierce’ competition from ‘low-priced imports from China, Africa and Middle East’, as reasons behind the...

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