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The nylon 6/6 maker says the Chapter 11 bankruptcy process will enable it to deleverage its balance sheet while it restructures.
Ascend Performance Materials, the world's largest fully integrated nylon 6/6 producer, has filed for Chapter 11 bankruptcy ...
Ascend Performance Materials Holdings Inc. and 10 of its affiliates filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas in Houston on April 21.
Ascend Performance Materials on Monday filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the ...
Ascend blames the bankruptcy on its underlying financial structure and high debt obligations. "Over the last several months, we have been working with our lenders to define the best path forward,” ...
(Bloomberg) -- Ascend Performance Materials Inc., a chemicals business backed by SK Capital Partners, has filed bankruptcy and said it intends to restructure with support from its lenders.
With the support of its lenders, Ascend will use ... as usual throughout the Chapter 11 process and will continue to manufacture and produce high-performance materials that improve the quality ...
Ascend Performance Materials, which has a plant in Decatur, filed for a Chapter 11 reorganization bankruptcy Monday to restructure its finances. Ascend has over 20 locations worldwide. The Decatur ...
Ascend Performance Materials Inc., a chemicals business backed ... each of between $1 billion and $10 billion on its Chapter 11 petition.
The Chapter 11 process will enable Ascend to deleverage the company’s balance sheet and continue providing materials to ...