The Australian reported this month that the Chinese owner of Qenos, China National Chemical, and property developer Logos were in the midst of a deal to sell the manufacturer’s sites in Port Botany and Altona.While the deal is yet to be complete, The Australian indicated that the industrial sites were at the centre of the deal rather than Quenos’ operating business.Along with hundreds of manufacturing jobs, supply chains and Australia’s ability to recycle plastic would also be at risk.Qenos was one of two companies in the country that could produce the resin required to make complex plastic products, The Australian reported.
