Chemtura Exits Bankruptcy

Chemtura exited from bankruptcy protection last week, some 20 months after sharp demand declines and debt burdens drained liquidity and forced a Chapter 11 filing. The company’s reorganization plan was approved by the bankruptcy court late last month (CW, Oct. 25/Nov. 1, p. 13). Newly issued stock in restructured Chemtura began trading on the New York Stock Exchange last Thursday, under the symbol “CHMT.” In an SEC filing detailing claims distribution under the bankruptcy settlement, Chemtura said last week that most claims against the company will be...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers