Pyrolyx USA Indiana files for liquidation bankruptcy
Pyrolyx USA Indiana has filed for Chapter 7 liquidation bankruptcy with the US Bankruptcy Court in Delaware. The 66,000sqft Terre Haute plant had not resumed operations since they were suspended in March, in part leading to its withdrawal from the Australian and German Stock Exchanges in September 2020. The factory cited the Covid-19 pandemic as the reason for its suspension. Upon completion, the company claimed the plant was the largest of its kind in the world.