Tronox’s Chapter 11 plan includes Miss. plant
HAMILTON – Tronox Incorporated announced that the United States Bankruptcy Court for the Southern District of New York has confirmed its reorganization plan to emerge from Chapter 11 bankruptcy.
The company is the world’s third-largest producer and marketer of titanium dioxide pigment. The plan calls for Tronox, among other items, to reorganize around its existing operating businesses, including its facility in Hamilton in North Mississippi.
Tronox commenced its Chapter 11 cases Jan. 12, 2009. The plan will become effective after the Court enters a written order reflecting this ruling and other Plan conditions have been satisfied.
Tronox said it expects to emerge from Chapter 11 in the upcoming weeks, as soon as the plan conditions are satisfied.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Yarber could be sworn in today as new Jackson mayor
- Pharma Pac lays off rest of workers; could end up owing state
- Silver Airways ordered to continue service
- Ole Miss launches commitment to be 'climate neutral'
- After review, MSU moves forward on new research facility
- SpaceX, Stennis officially open new rocket test stand
- Acco Brands investing $1.6M, adding 162 workers
- Two Delta groups getting economic development funding