Chemicals subsidiaries of Italian plastics company file Chapter 11 case
Plastic bottles (Credit: iStock.com/Gumpanat)
Subsidiaries of Italian plastics company Mossi Ghisolfi have filed for Chapter 11 protection in the US to gain access to a US$100 million debtor-in-possession (DIP) financing facility that will allow them to sell off an unfinished Texan plant.
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