The hottest market downturn has affected the profe

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The market downturn has affected the profession of coating experts. A British professional company has entered the bankruptcy stage

the market downturn has affected the profession of coating experts. A British professional company has entered the bankruptcy stage in China's plastic machinery market

March 27, 2017

[China coating information]

a famous industrial coating contractor in the professional field in the UK - Surface Engineer (Manchester) Recently, the company will announce that more factories will be established in the future, and has entered the bankruptcy administration procedure. At the same time, it also announced that from now on, the beam of cutting 21 experimental machine will automatically return to the initial position of the experiment

this company, located in dukinfield, Greater Manchester, UK, has a history of 40 years and provides professional coating technology services for the nuclear power, oil and gas industries. The company is a leading professional enterprise in the thermal spraying coating industry. When it was initially established, it focused on the field of heavy industry. Its service business, including thermal spraying, is not only applied to the field of corrosion prevention, but also applied to the regeneration of worn parts in steel plants. With the demise of British steel mills and heavy industry, the company's expertise has shifted to the application of anti-corrosion coatings in the fields of nuclear power, oil and natural gas

Andrew and Peter wilder, the directors of the company, confirmed that the continuous decline in oil prices led to weak market demand and a gradual reduction in the company's turnover

the company has appointed Nick Lee and Dean Nelson from Smith Cooper, an accounting and business consulting firm in Midlands, as managers in the bankruptcy stage to be responsible for relevant work

With the support of the remaining 12 employees of the company, the new management personnel will continue to maintain the company's business for a period of time to assist customers in completing certain projects, and at the same time be responsible for seeking financial owners who are interested in the company's business and assets

according to surface Engineer (Manchester) Co., Ltd., its management team is composed of experienced and knowledgeable members, covering all aspects of the coating business field. Its in-depth understanding of the industry enables the company not only to implement the most challenging contracts, but also to discuss the personalized requirements and applicability of the protective coating system. Over the years, the company has provided professional coating services for many large oil and gas companies in the world, such as BP, ExxonMobil, total, shell, Chevron, Ge oil and gas

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