Statement on Petroplus Teesside Limited going into Administration

  • Following the announcement that Petroplus Teesside Limited has gone into administration, Stockton North MP Alex Cunningham, in whose constituency the storage business is based, said:

    “It is a tremendous blow to a once thriving Teesside based business to find itself in administration and it is essential that everyone including the administrators PwC, the local authority and other organisations work together to find a buyer and secure the long term future of the business and its 60 employees.

    “I await a call back from Mr Steve Pearson, one of the joint PwC administrators, but welcome his statement that his immediate priority is to ensure the business can continue to operate. I have also alerted Stockton Borough Council to the announcement and a team is already looking into the matter.”


    January 25th, 2012 | Stockton North Labour Team | Comments Off on Statement on Petroplus Teesside Limited going into Administration | Tags:

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