Qenos

2024 - 4 - 18

Shocking News: Qenos Goes into Administration, Putting 700 Jobs at Risk

administration - government support - manufacturing industry - Qenos - supply chains - workers rights

Breaking: Major Australian chemical maker Qenos collapses, jeopardizing 700 jobs. Find out more!

In a surprising turn of events, Qenos, a prominent chemical manufacturer, has been forced into administration, leading to the closure of its facility in Sydney and leaving hundreds of workers jobless. The collapse of Qenos, known for its strategic importance in the plastics industry, has sent shockwaves through the manufacturing sector in Australia. The Australian Workers' Union is actively advocating for the rights of the workers affected by this unfortunate situation.

The impact of Qenos' collapse extends beyond job losses, with supply chains facing disruption and uncertainty. As discussions ensue with administrators, the focus remains on finding solutions that prioritize the interests of workers and ensure a stable future for the Altona site. The collapse of such a key player in the industry highlights the challenges faced by Australian manufacturing in the current economic climate.

In a parallel development, plastic manufacturers reliant on Qenos for essential materials are now at risk due to the company's administration. This sudden turn of events has forced businesses to seek alternative sources for polyethylene, emphasizing the interconnectedness of industries and the importance of a robust supply chain.

As the situation unfolds, concerns rise about the impact on Australia's recycling capabilities and the broader implications for the manufacturing sector. The collapse of Qenos serves as a wake-up call to address the vulnerabilities in the industry and strengthen support for local manufacturers to prevent such incidents in the future.

Did you know? Qenos was considered a cornerstone of Australia's plastics manufacturing, and its collapse has raised questions about the resilience of the sector. The intervention by the Australian Workers' Union highlights the crucial role of labor unions in advocating for workers' rights during challenging times like these.

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Image courtesy of "The West Australian"

Chemical maker Qenos sent to administrators with hundreds of jobs ... (The West Australian)

Plastic manufacturer Qenos has collapsed into administration, with the company's facility in Sydney to be shut down permanently.

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Image courtesy of "Sky News Australia"

Qenos a 'strategically important' plastics manufacturer collapses into ... (Sky News Australia)

Hundreds of workers have lost their jobs as Qenos, a manufacturer of key plastic, collapses into administration. Sky News Business Editor Ross Greenwood ...

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Image courtesy of "Daily Telegraph"

Qenos collapse puts jobs, supply chains at risk (Daily Telegraph)

Chemicals major Qenos has called in voluntary administrators only a week after Prime Minister Anthony Albanese made reinvigorating Australia's manufacturing ...

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Image courtesy of "Australian Manufacturing"

AWU pushes for worker rights amid Qenos Altona site uncertainty ... (Australian Manufacturing)

The Australian Workers' Union (AWU) is set to engage in discussions with Qenos leaders and administrators to prioritise the interests of workers during the ...

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Image courtesy of "The Weekly Times"

Water tank plastic supplier goes into administration (The Weekly Times)

Plastic water tank, bag, shrink and food wrap manufacturers are losing access to their only local polyethylene manufacturer, Qenos, forcing them to rely on ...

Workers must come first in Qenos process, gov must shore up ... (The National Tribune)

The Australian Workers' Union will meet with Qenos leaders and administrators to explore options for the future of the Altona site and demand workers.

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Image courtesy of "Herald Sun"

Qenos collapse puts jobs, supply chains at risk (Herald Sun)

Chemicals major Qenos has called in voluntary administrators only a week after Prime Minister Anthony Albanese made reinvigorating Australia's manufacturing ...

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Image courtesy of "NEWS.com.au"

700 jobs at risk as company collapses (NEWS.com.au)

One of Australia's biggest manufacturers has gone bust with a factory already slated to close amid concerns about the country's recycling abilities.

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Image courtesy of "Daily Mail"

Qenos enters voluntary administration: One of Australia's biggest ... (Daily Mail)

Qenos was plunged into voluntary administration on Wednesday, leaving the future of workers at its manufacturing plants in Victoria and NSW on the line.

Imminent Qenos closure has massive implications for industry (Australian Industry Group)

The decision to place Qenos into administration reflects the erosion of key pillars of Australia's industrial landscape – and risks causing much more.

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Image courtesy of "The Australian Financial Review"

Gas costs could sink more manufacturers after collapse of plastics ... (The Australian Financial Review)

Australian Industry group chief executive Innes Willox said the collapse of Qenos reflected the “erosion of key pillars of Australia's industrial landscape” ...

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Image courtesy of "The Australian"

Qenos won't be the last to fall, Orica boss warns (The Australian)

Unions and Orica boss Sanjeev Gandhi have warned that Qenos may not be the last company to fall, with AWU national secretary Paul Farrow warning that ...

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Image courtesy of "Mirage News"

Govt Urged to Prioritize Workers, Boost Sovereign Capability in ... (Mirage News)

The Australian Workers' Union will meet with Qenos leaders and administrators to explore options for the future of the Altona site and demand workers.

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Image courtesy of "The Mercury"

Qenos collapse puts jobs, supply chains at risk (The Mercury)

Chemicals major Qenos has called in voluntary administrators only a week after Prime Minister Anthony Albanese made reinvigorating Australia's manufacturing ...

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Image courtesy of "Herald Sun"

Qenos won't be the last to fall, Orica boss warns (Herald Sun)

Industry leaders have warned that if Australia wants to be a future manufacturing powerhouse, it can't allow its established manufacturing base to collapse ...

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Image courtesy of "Chronicle"

Qenos won't be the last to fall, Orica boss warns (Chronicle)

Industry leaders have warned that if Australia wants to be a future manufacturing powerhouse, it can't allow its established manufacturing base to collapse ...

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Image courtesy of "The Advertiser"

'Living on the brink': Qenos won't be the last of big falls (The Advertiser)

Energy-intensive industries are 'genuinely living on the brink' with the collapse of Qenos a clear signal of the distress felt by other major manufacturers.

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Image courtesy of "Gold Coast Bulletin"

'Living on the brink': Qenos won't be the last of big falls (Gold Coast Bulletin)

Energy-intensive industries are 'genuinely living on the brink' with the collapse of Qenos a clear signal of the distress felt by other major manufacturers.

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