Bankrupt Dystar Restarts Facility | October 26, 2009 Issue - Vol. 87 Issue 43 | Chemical & Engineering News
Volume 87 Issue 43 | p. 16 | Concentrates
Issue Date: October 26, 2009

Bankrupt Dystar Restarts Facility

Department: Business
Keywords: Dystar, textile dyes, bankruptcy
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DyStar’s plant in Geretsried, Germany.
Credit: DyStar
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DyStar’s plant in Geretsried, Germany.
Credit: DyStar

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.

 
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