Latest Breaking News On - Strategic materials - Page 6 : comparemela.com

Strategic Materials Files for Chapter 11 Bankruptcy

The large glass recycler of windows and heavy laminated glass filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. It has secured commitments of $23 million, subject to court approval, for a debtor-in-possession financing facility from existing lenders to support business operations.

United statesChris dodsUs bankruptcy courtStrategic materials incNorth americanSouthern districtStrategic materials

US select committee recommends creation of critical mineral reserve to protect domestic industry

Find out why this recommendation, along with promoting domestic battery recycling, is part of a larger strategy to enhance US resilience in strategic areas

United statesLiza tobinBryce crockerChinese communist partyDepartment of energy or defenseDefense logistics agencyRepresentatives select committeeStrategic competitionResource reserveTuesday decemberStrategic materialsSelect committeeSpecial competitive studies projectE vac magneticsGeneral motorsJervois global

Comprehensive Restructuring to Reduce Total Debt by Over $300 Million and Position the Company for Long-Term Growth

/PRNewswire/ North America s largest glass recycler, Strategic Materials, Inc. (the "Company" or "SMI"), announced a comprehensive restructuring to position.

United statesRosen katzChris dodsLaura hennemannAlvarez marsalVinson elkinsUs bankruptcy courtCompany canadianSouthern district of texas the courtMoelis companyStrategic material incStrategic materials incVoting financial creditorsNorth americaStrategic materialsUnited states bankruptcy code

Texan Glass Recycler Files for Bankruptcy, Hit by Rising Rates

Texan Glass Recycler Files for Bankruptcy, Hit by Rising Rates
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesPaul garrisChris dodsLittlejohn coUs bankruptcy courtStrategic materials incStrategic materialsChief financial officer paul garrisExecutive officer chris dodsSouthern district

Recycling Co Strategic Materials Hits Ch 11 With $433M Debt

Glass recycling company Strategic Materials Inc. filed for Chapter 11 protection in a Texas bankruptcy court with about $433 million in debt and a plan to hand lenders its business, after struggling to meet payments on floating-rate debt that's become "significantly more expensive" as interest rates have risen.

United statesAlex wittenbergStrategic materials