09.07.2010
- U.S. chemicals company Tronox filed a bankruptcy reorganization plan that it said promises a significant recovery for unsecured creditors and sets up trusts to resolve...
18.06.2010
- Bankrupt U.S. chemicals maker Chemtura filed for a plan of reorganization with a U.S. court that would pave the way for the company to emerge from bankruptcy protection. The plan...
03.05.2010
- Lyondell Chemical said on Friday that it has exited bankruptcy after a 16-month process during which its debt load was reduced to about $5 billion from $24 billion. The company...
26.04.2010
- A bankruptcy court judge on Friday approved Lyondell Chemical's plan to exit bankruptcy, signaling the near-end of a 15-month process during which the chemical maker fended off a...
15.03.2010
- LyondellBasell said late on Thursday its unit Lyondell Chemical plans to raise $3.25 billion in debt, including a senior secured note issue, as the chemical company charts its...
12.03.2010
- LyondellBasell on Thursday won court approval for a $450 million settlement to resolve litigation with creditors over its 2007 leveraged buyout, and pave the way for the big...
11.03.2010
- Billionaire Len Blavatnik, who led the 2007 leveraged buyout that created LyondellBasell , will seek a stake of up to 15% in the reorganized petrochemical maker when it exits...
17.02.2010
- Lyondellbasell said it has reached a settlement with creditors over a lawsuit stemming from its 2007 leveraged buyout, paving the way for the chemical maker to get out of...