QC Polymer - Administration

QC Polymer, a West Midlands-based plastic recycling company, entered administration on 29 October.

Hasib Howlader and Nimish Patel of Hudson Weir were appointed joint administrators and said that the administration was caused by the rising cost of fuel. They are looking for a buyer for the business and have appointed commercial auctioneer GJ Wisdom to oversee the sale of the company’s bottle recycling plant in Bilston.

Castlebridge Spv Limited has a registered charge against the company.