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Published on 8/23/2022 in the Prospect News Distressed Debt Daily.

Imerys Talc America posts $15,148 operating profit for July

By Sarah Lizee

Olympia, Wash., Aug. 23 – Imerys Talc America, Inc. reported a $15,148 operating profit for July on $30,318 total revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $231,024 operating loss for June on $30,318 total revenue.

The net income for July was $5.47 million, compared to a $297,062 net loss in June.

The company listed $155.99 million in cash and cash equivalents at the end of July, up from $152.08 at the end of June.

Imerys SA is a Paris-based producer of industrial materials. Its subsidiaries filed bankruptcy on Feb. 13, 2019 under Chapter 11 case number 19-10289.


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