The administrator appointed following the collapse of Anglesey recycling firm Orthios has released a statement. Business Live revealed on Tuesday that the main investor in Orthios had called in administrators.
Orthios had taken on the Anglesey Aluminium site in Holyhead in 2016 after smelting came to an end in 2009. It built a materials recycling facility (MRF) and was in the process of developing a Plastics-to-Oil (P-2-O) unit.
But Business Live reported last week that firms had been in touch about outstanding invoices. The company said a management buy-out of Orthios was underway.