Leading Polyester Maker Enters Ch. 11
The company, which bills itself as the world's largest plastics recycler, filed a voluntary petition for Chapter 11 protection Friday in the U.S. Bankruptcy Court for the Southern District of New York, estimating assets between $50 and $100 million and debts between $100 and $500 million.
In one filing, Wellman said it also had $575...
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