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Imerys Talc America debtors post $964,979 net loss for April
By Sarah Lizee
Olympia, Wash., May 23 – Imerys Talc America, Inc. and related debtors reported a $964,979 net loss on $30,318 total revenue for April, according to a monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a $1.5 million net loss on $30,318 total revenue for March.
The debtors reported $141.48 million in cash and cash equivalents at the end of April, down from $143.42 million at the end of March.
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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