Bankruptcy
Liberty Steel assets face financing deadlines
While a mill in Romania has received a 30-day restructuring extension, a government bailout for electric arc furnace mills in the United Kingdom could happen this month.
More in Bankruptcy
Labor, supply chain challenges lead to bankruptcy filing
Royal Paper filed for Chapter 11 bankruptcy protection April 8 in the U.S. Bankruptcy Court for the District of Delaware, listing assets and liabilities of between $100 million and $500 million in its petition.
Ascend Performance Materials files for bankruptcy
Producer of recycled-content polymers made from discarded carpeting has initiated a Chapter 11 process at a bankruptcy court in its home state of Texas.
Sofidel agrees to purchase Royal Paper assets
Sofidel America has entered into a "stalking horse" purchase agreement with Royal Paper after the Phoenix-based tissue paper producer filed Chapter 11 bankruptcy earlier this month.
Lux Research webinar examines chemical recycling timetables
The consulting firm says its March 25 webinar will consider the path forward for chemical recycling “after years of missed milestones.”
Brightmark enters subsidiaries of Indiana recycling facility into Chapter 11
The company says the bankruptcy filing for certain subsidiaries of its pyrolysis facility in Ashley is intended to have no impact on its more than 90 employees.
GFG mill in Australia enters bankruptcy process
The state of South Australia has put the GFG Alliance Whyalla steel mill and related assets into administration and asked a forensic accounting firm to assess the situation.
ProfitGuard webinar looks at credit risks
Credit monitoring service will host a webinar on Thursday, Feb. 6, on corporate credit risk.
ArcelorMittal wins legal round in GFG dispute
Money owed by GFG’s Liberty Steel subsidiary to ArcelorMittal tied to 2019 transaction may result in several European mills being put up for sale.
BIR Autumn 2024: A year of setbacks
Profits have been hard to come by for plastics recyclers and reprocessors in 2024, with Europe’s dismal landscape a particular disappointment.
Liberty Steel parent remains pressured
Reports say creditors and tax authorities are seeking payments and documentation from Liberty Steel and its U.K. parent company GFG Alliance.
