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Nationwide assets bought by Glass Tech Recycling

Assets of Welsh glass recycler Nationwide Recycling, which was placed into liquidation, have been bought by Glass Tech Recycling.

According to its Certificate of Incorporation, which is dated 30 December 2010, the shareholder for Glass Tech Recycling is Karen John. John was Nationwide’s general manager.

Nationwide was placed in to liquidation on 1 June 2011. Neil Chesterton from The MacDonald Partnership has been appointed to the company as liquidator. A spokesperson for The MacDonald Partnership said plans were to realise the company’s assets and distribute them to its creditors.

When MRW contacted Nationwide it said Glass Tech would issue a statement shortly.

The company has been in the press recently, after its accreditation to issue packaging recovery notes (PRNs) was suspended by the Environment Agency 14 June 2010. Following an MRW investigation, it was believed the reason for the suspension was fraud and illegal activity at the company for which three people were arrested at the time. Nationwide was re-accredited on 10 February 2011 and investigations into the arrest are still ongoing.

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