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Business
Bankrupt Dystar Restarts Facility
by Marc S. Reisch
October 26, 2009
| A version of this story appeared in
Volume 87, Issue 43
Production has resumed at DyStar’s plant in Geretsried, Germany. The facility, along with other German plants in Leverkusen, Brunsbüttel, and Ludwigshafen, was idled at the end of September, when the German textile dyes firm went into bankruptcy. DyStar has secured preliminary financing and is now in talks with lenders and potential investors about restarting the other plants, according to temporary company administrators operating under Frankfurt District Court supervision. Founded in 1995, DyStar is made up of former Bayer, BASF, and Hoechst textile dye operations.
The power is now in your (nitrile gloved) hands
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