Go Straya:
Chemicals major Qenos has called in voluntary administrators after its former Chinese owners sold the company to property developer Logos.
The plastics maker runs plants in Victoria and NSW, and on Wednesday appointed McGrathNicol as voluntary administrators.
I’m not sure who will want to live there. The Qenos factory site is putrid:
But no worse than downtown Delhi, so that’s who, I guess.
This is way past the point of outrage about sovereign capability. I will simply note that we now add plastic to the long list of critical inputs Australia cannot make.
I’ll let you conclude what that means about supply chain dominoes.
But this is your new country. Zero industry and a whole lot of resource gouging (in this case, gas), plus the importation of Indians to live in toxic former industrial sites as residents, consumers, and taxpayers.
Living in a chemical chimney doesn’t appeal to me, and, once upon a time, I would have said it was inappropriate to expect it of any Aussie. But these days, worrying about such things is passe.
Build, baby, build, but without plastic…
