Comments on: Ascend Files For Chapter 11 Bankruptcy; Local Site To Continue Normal Operations

By: Juan José

Juan José — Fri, 25 Apr 2025 04:37:00 +0000

En la planta de México comentan que no hay nada de que preocuparse, que aquí estamos en un estado financiero favorable.

**Translation: “At the Mexico plant, they’re saying there’s nothing to worry about, that here we’re in a favorable financial state.”

By: Chris

Chris — Thu, 24 Apr 2025 04:38:40 +0000

What cb said

By: happyfeet

happyfeet — Tue, 22 Apr 2025 15:49:22 +0000

A Ch. 11 bankruptcy is just a “re-organizing” of finances. They will file that bankruptcy under that business heading at that time, they can change board members, share holders, etc., and re-name the business with no lesson learned on how to better manage. SMH

By: DL

DL — Tue, 22 Apr 2025 13:47:39 +0000

I worked at this plant many years ago and I’ve had other family members to work and retire from there as well. This used to be a GREAT place to work. When I was there it was Monsanto and then Solutia and the companies that I worked for really cared about their employees and took great care of them. But a couple of years before I left from working there that began to change and all that they seemed concerned with at that time was money. But all in all, I have a lot of great memories from my time working there and still have friends that I made while there to this day.

By: David Huie Green

David Huie Green — Tue, 22 Apr 2025 06:27:09 +0000

Whenever I fail, I am supposed to blame everyone else, right?

The obvious culprit of choice will become more apparent over the next few years.

On the other hand, bankruptcies have been happening for centuries for all kinds of reasons.

By: c b

c b — Mon, 21 Apr 2025 21:24:30 +0000

That’s what happens when you build a plant in china and give your competition the means to produce what you produce. They then flood the market with cheap materials

By: Keith

Keith — Mon, 21 Apr 2025 20:49:27 +0000

They have made some terrible management decisions. They continue to cut cost at employees expense which has lead to where they are. They have covered up injuries and poor safety issues. I feel for the workers that have been impacted.

By: KB

KB — Mon, 21 Apr 2025 20:06:02 +0000

Yes they have been going through a lot. but so has a lot more companies since 2019 during Covid. and the Biden administration!! who screwed everything up good luck ascend performance materials. I wish you all the best. The plant has been all around a long time when it was Monsanto all of my grandparents retired from that place. I have had family members retire from this place and family that still work for this place so I wish them nothing but success.nothing but prayers coming your way

By: Big Britches

Big Britches — Mon, 21 Apr 2025 19:24:26 +0000

Not surprised.. they been going down since 2020…

By: reggie

reggie — Mon, 21 Apr 2025 19:14:42 +0000

SK Capital, owners of APM, trying to get the debt down to an acceptable level to do an IPO.