[CPEO-MEF] PERCHLORATE: Tronox declares bankruptcy

[Lenny Siegel]

Henderson manufacturer files for bankruptcy

By Jeremy Twitchell
Las Vegas Sun (NV)
January 12, 2009

Tronox Inc., one of the largest industrial manufacturing companies 
located in the BMI Complex near Henderson, filed for bankruptcy 
protection Monday morning in New York.

The company filed for Chapter 11 bankruptcy protection, meaning that it 
will continue to operate during its reorganization, which will be 
administered by a federal bankruptcy judge.

...


Tronox was spun off parent company Kerr-McGee in 2005. Kerr-McGee was a 
longtime producer of ammonium perchlorate at the site and has been 
linked to perchlorate contamination in the groundwater beneath the site.

...

For the entire article, see
http://www.lasvegassun.com/news/2009/jan/12/henderson-manufacturer-files-bankruptcy/


See also
Bankruptcy filing won't affect work at Henderson Tronox plant

By JOHN G. EDWARDS
Las Vegas Review-Journal (NV)
January 12, 2009

Tronox Inc., the Oklahoma City-based company spun off by Kerr-McGee 
Corp., will continue to make chemicals and employ 100 workers at an 
affiliated company’s Henderson plant, despite filing for bankruptcy 
protection in New York on Monday.

The company reported $1.6 billion in assets and $1.2 billion in 
liabilities as of Nov. 30. But the debtor also has $125 million in 
post-bankruptcy financing to allow it to continue operating.

Filing bankruptcy at the same time were 14 affiliated companies, 
including Tronox Worldwide LLC, which now owns the plant at the Black 
Mountain Industrial Center in Henderson. Tronox’s operations in 
Australia, Germany and the Netherlands did not file for bankruptcy.

...

For the entire article, see
http://www.lvrj.com/news/breaking_news/37466039.html

-- 


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel at cpeo.org>
http://www.cpeo.org