Former Constar sees zero operational loss, no sales again in August

By Kali Hays

New York, Sept. 25 – Capsule International Holdings LLC, formerly Constar International Holdings LLC, posted an operating loss of zero for August on zero net sales, according to its monthly operating report filed Sept. 24 with the U.S. Bankruptcy Court for the District of Delaware.

Capsule reported an operating loss of zero and zero net sales in July as well.

The net loss for August was $257,000, shrinking from $393,000 in July.

The company also reported cash and cash equivalents of $965,000 at Aug. 31, nearly unchanged from $967,000 at the end of July.

Constar, a Trevose, Pa.-based maker of polyethylene terephthalate food and beverage containers, filed for bankruptcy on Dec. 19, 2013. The Chapter 11 case number is 13-13281.

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