London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950

Our Clients

Order Informer

Home > News >

Chemtura emerges from US bankruptcy protection

November 11/2010

(ICIS) -- Chemtura completed its financial restructuring and emerged from US Chapter 11 bankruptcy protection after nearly 20 months, the US specialty chemicals producer said on Wednesday.

With the successful completion of our financial restructuring, we have significantly reduced our debt, improved our cost structure and resolved a considerable amount of environmental and other liabilities, said Chemtura CEO Craig Rogerson.

Chemtura filed for bankruptcy protection in March 2009 after it failed to sell two companies.

Chemtura, which describes itself as a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products, had $2.3bn (?1.7bn) in 2009 sales.


Category:General News
| More

Leave a comment

MRC help


 All News   News subscribe