Low Demand, High Costs Led To Ch. 11: Chemtura
Chemtura, which filed its petition in the U.S. Bankruptcy Court for the Southern District of New York, lost $690 million in the fourth quarter of 2008 alone, according to Stephen Forsyth, the company's executive vice president and chief financial officer.
The company's non-U.S. subsidiaries were...
To view the full article, register now.