Pyrolyx USA liquidates its tire pyrolysis plant due to bankruptcy
According to several reports by Bloomberg Law and WTHI-TV Pyrolyx USA Indiana LLC – a tire pyrolysis plant focused on recovered carbon black production – filed for Chapter 7 protection “a liquidation bankruptcy” in Delaware this Autumn. The sources say this information is confirmed by court papers. According to Bloomberg Law, Pyrolyx USA Indiana LLC reported in April that it couldn’t make loan payments backing municipal bonds sold in 2017 after it shut its plant in Terre Haute because of the coronavirus outbreak.