Plastics firm Teknor Apex Co. is having ongoing discussions with staff over the future of its United Kingdom site as the emergency services investigate a possible arson attack at the firm's premises in April.
A major company in the plastics sector claimed to PRW it had heard the plant was set to close by the end of the year. PRW is a sister publication of Plastics News.
However Teknor Apex said the company has made no decision yet regarding whether to rebuild the Oldbury facility, according to President Bill Murray, who has met with employees in the U.K.
He told PRW: “We are looking at all options to determine our best course of action for our customers in the region.
“Teknor Apex is currently engaged in a consultation process with employees to review options for the future of the plant.”
West Midlands Police have confirmed that arson is still one line of inquiry for the fire on April 29. Emergency services have ruled out an electrical fault, or faulty machinery in the investigation.
A West Midlands Police spokesman told PRW: “Arson is still a possibility, but we haven't ruled out a discarded cigarette or some form of accidental ignition.”
The blaze broke out in the roof of the factory. The area was evacuated as more than 70 firefighters tackled the blaze. The fire service said 75 percent of the building was damaged.
There were 29 staff members on site at the time, all of whom were evacuated. No one was injured.
A Teknor Apex spokesman added: “The Oldbury plant had been used for producing TPE, nylon, and engineering-grade PET compounds. Rebuilding it would be one of several options to be considered for re-establishing European capacity.
“An expert in fire origin and cause has done an investigation of the site and was unable to determine a cause.
"In accordance with the law the investigation has been turned over to the police who are doing an additional investigation beyond the insurance company and the local fire district's work.”