Timminco granted extension in bankruptcy proceedings

May 01, 2012 | 12:39 PM | Suzy Waite

Tags  Timminco, Globe Specialty Metals, FerroAtlantica, Dow Corning, bankrupcy, CCAA, silicon, Suzy Waite

NEW YORK — Timminco Ltd. and subsidiary Bécancour Silicon Inc. have been granted an extension in bankruptcy proceedings to June 20 from April 30 by the Ontario Superior Court

The seven-week extension under the Companies’ Creditors Arrangement Act (CCAA) will allow the Toronto-based silicon producer and the successful bidders for its assets, Globe Specialty Metals Inc. and Spanish producer Grupo FerroAtlántica SA, to work on closing conditions, including getting court approval of....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results