CONSTAR
Emergence from bankruptcy
US PET packaging producer Constar International (Philadelphia, Pennsylvania; www.constar.net) said it completed its financial restructuring and emerged from bankruptcy on 29 May 2009. The reorganisation was completed five months after the company filed for reorganisation under Chapter 11 on 30 December 2008 – see Plasteurope.com of 13.01.2009.
“We emerge a revitalised company with an improved balance sheet,” said Michael Hoffmann, president and CEO.
“We emerge a revitalised company with an improved balance sheet,” said Michael Hoffmann, president and CEO.
10.06.2009 Plasteurope.com [213579]
Published on 10.06.2009
German version of this article...