After repeated failures in the search for buyers of crop protection and petroleum additives, Coquia filed for bankruptcy protection in the United States on March 18. In the past few weeks, the company has submitted a five-year long-term business plan to its unsecured creditor committee, and determined that October 30 is the cut-off line requested by all parties. The five-year plan assumes that Coquia will continue to operate its various businesses, including crop protection, petroleum additives, plastic additives, polyurethanes, and consumer product cleaning products. In addition, Copolya prepares to sell PVC additives business.
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Controlled Released Fertilizer
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