Vencorex France enters judicial recovery: business continuity and innovation remain priorities
Vencorex France is undergoing a court-supervised restructuring procedure to ensure business continuity and increase competitiveness. The company is looking for potential new partners. All other Vencorex sites, particularly in the United States and Thailand, are operating as usual, and supplies of HDI monomers are secured for the coming months.
Vencorex France has entered judicial recovery, a procedure comparable to Chapter 11 in the United States. This step aims to secure the company’s operations and improve its competitiveness while searching for new potential partners to sustain long-term business continuity.
Despite the judicial proceedings in France, other entities within the Vencorex Group, including operations in the US and Thailand, continue to function normally. The company has confirmed that HDI monomer supplies for its Freeport and Rayong facilities are secured for the upcoming months. Vencorex has reaffirmed its commitment to fulfilling existing orders and maintaining seamless order management. It will continue to pursue its medium and long-term innovation strategies to meet evolving market demands.
