Tag: Corporate restructuring
Lanxess Implements Cost-Saving Measures for Improved Financial Results
During normal economic times, the capacity utilization of plants in the chemical industry typically ranges between 78 and 82 percent. "Anything below that indicates that the industry is still in a slump," said Lanxess...
Intrum Files for Bankruptcy in the United States to Restructure $4.5 Billion Debt
Intrum, the largest debt collection company in Europe, has announced that it has filed for Chapter 11 bankruptcy protection in the United States in an attempt to restructure its debt.The company has faced challenges...
