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CarbonLITE Cites Pandemic in Bankruptcy Proceedings
March 11, 2021
1 Min Read
Earlier this week, CarbonLITE filed for Chapter 11 bankruptcy protection in Delaware.
The plastics recycler stated the COVID-19 pandemic as a reason for its financial troubles. The company experienced a delay in the launch of its facility in Pennsylvania as well as slower production due to worker illness.
CarbonLITE supplies the largest beverage makers in the world including Coca-Cola Co., Nestle Waters North America Inc. and PepsiCo.
Read the entire story here.
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