Jan 16

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Blog Post: Indorama Offers $10M For M&G's W.Va. Plant, $5M DIP Loan

by Anonymous

M&G Polymers USA LLC named an affiliate of global chemical company Indorama Ventures late Friday as the Delaware Chapter 11 stalking horse bidder for the company’s West Virginia and Ohio sites, in a deal that includes a $10 million purchase offer and $5 million bankruptcy loan.
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