Kronospan is an Austrian-founded, Cyprus-based, international company that manufactures and distributes wood-based panels which are used in applications including flooring, furniture and timber-framed houses.
The company manufactures particleboard, medium-density fibreboard, laminate flooring, resins for wood-based panels and oriented strand board.
The Cypriot firm, which has been renamed since, belongs to a company on the Isle of Man, which again is owned by a foundation in Liechtenstein.
[6][7] Kronospan's shutdown supported the European Panel Federation's[8] Day of Action and the company has joined Green campaigners and the UK's Wood Panel Industries Federation in lobbying Government through the Make Wood Work [9] campaign to reverse the consequences of the Renewables Obligation, which is a result of European Union Climate Change Directives.
[13][14] In May 2005 Kronospan UK was fined £25,000 by Wrexham magistrates after pleading guilty to five offences of polluting local waterways.
[16][17] In March 2002, the company was fined £20,500 after 8,000 tonnes of waste timber caught fire at the Chirk plant (on the England/Wales border) and burned for several days.