Plastic Sorting Ltd recycling firm in Pontllanfraith in administration
Twenty-seven workers have been made redundant after a recycling company in Pontllanfraith, Caerphilly county, went into administration.
Administrators are trying to find a buyer for Plastic Sorting Ltd, which specialises in recycling plastic bottles.
Three staff members have been retained to advise them.
The company runs the largest capacity PET (polyethylene terephthalate) reprocessing plant in the UK.
It buys in empty plastic drinks bottles and sorts, washes and chips them for resale to the plastics industry.
The ongoing business of the firm, which is based on Blackwood Business Park and has an annual turnover of around £1.2m, is being run by administrators David Hill and Peter Dewey, partners in the Cardiff office of Begbies Traynor.
"We are continuing to trade the business while we conduct a review of its operations and look for a buyer to take on the business as a going concern," said Mr Hill.