PHA maker Bio-On's assets up for auction
PHA maker Bio-On's assets up for auction Bio-On SpA All of the assets of PHA maker Bio-On SpA, including its factory in Bologna, Italy, are up for sale through an auction. Bio-On SpA, the Italian maker of polyhydroxyalkanoate (PHA) biopolymers that made headlines in July 2019 when it was accused of being "a house of cards" by U.S. hedge fund Quintessential Capital Management, is for sale. Bio-On declared bankruptcy at the end of 2019. A court in Bologna recently announced that the liquidation has been approved and that the company's assets are to be put up for auction at a public sale on May ...
Source: plasticsnews.com