According to several reports Pyrolyx USA Indiana LLC – a tyre pyrolysis project focused on recovered carbon black production – filed for Chapter 7 protection “a liquidation bankruptcy” in Delaware this Autumn. The sources say this information is confirmed by court papers.
Pyrolyx USA Faces Bankruptcy
According to Bloomberg Law, Pyrolyx USA Indiana LLC reported in April that it couldn’t make loan payments backing municipal bonds sold in 2017 after it shut its plant in Terre Haute because of the coronavirus outbreak.
This comes at a time when its competitors such as Bolder Indus...
Pyrolyx USA Faces Bankruptcy
According to Bloomberg Law, Pyrolyx USA Indiana LLC reported in April that it couldn’t make loan payments backing municipal bonds sold in 2017 after it shut its plant in Terre Haute because of the coronavirus outbreak.
This comes at a time when its competitors such as Bolder Indus...
