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HomeFinancial ResultsRecycler files for Chapter 11 bankruptcy protection

Recycler files for Chapter 11 bankruptcy protection

PET recycler CarbonLite and its subsidiary PinnPack Packaging have filed for Chapter 11 bankruptcy protection. Production at all three of US-based CarbonLite’s facilities – in California, Texas and Pennsylvania – and its Californian thermoforming business PinnPack Packaging, will continue as usual without interruption, as will payment of all employees. Layoffs are not under consideration. There…

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