Keyword: La Seda de Barcelona

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Ex-La Seda CEO Gets off Light in Embezzlement Case

27.05.2015 - Due to successful plea bargaining, two executives of former Spanish PET producer La Seda de Barcelona, now in liquidation - including former CEO Rafael Español - have escaped...

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Indorama Buys New Polyplex's Turkish PET Plant

14.01.2015 - In a deal set to close during the first quarter of this year, Thai polyester giant Indorama, world's largest producer of PET packaging resins, plans to acquire a 252,000 t/y...

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Selenius Picks Up Italian La Seda Subsidiary

29.07.2014 - Portuguese PET producer Selenius has acquired Artenius Italia, one of the subsidiaries of insolvent Spanish PET producer La Seda de Barcelona. The buy was carried out through...

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Indorama Acquires 51% Stake in Turkish PET Producer

17.04.2014 - Indorama Ventures (IVL), world's largest PET producer, appears to be building a strong foothold in the Turkish market through acquisition. The Dutch subsidiary of the Thailand...

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Spanish Court Approves Sale of Artenius Turkpet to Indorama

21.02.2014 - The commercial court in Barcelona, Spain, overseeing the bankruptcy of erstwhile Spanish PET giant La Seda de Barcelona has authorised receiver Forest Partners to proceed with the...

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La Seda Requests Opening of Liquidation Proceedings

09.01.2014 - Spanish PET producer La Seda de Barcelona, in insolvency proceedings since June 2013, has filed a request with the Barcelona commercial court overseeing the proceedings to...

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La Seda’s Shareholders Reject Plan To Halt Insolvency

28.06.2013 - The shareholders of Spanish PET producer La Seda de Barcelona rejected a debt refinancing plan that would have allowed the company to withdraw from insolvency proceedings, its...

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Spanish PET Producer La Seda Bankruptcy Called Voluntary

24.06.2013 - Spanish PET producer La Seda de Barcelona has said a statement that its insolvency filing in a Barcelona commercial court on June 17 is a voluntary, precautionary measure to secure...