Dow Corning emerges from Chapter 11

From Rubber & Plastics News

Midland Michigan-Dow Corning Corp. has left Chapter 11 bankruptcy protection for the first time in nine years.

A federal judge approved the company’s Joint Plan of Reorganization, which sets conditions for settling the claims of more than 100 000 women who said they were injured by their Dow Corning silicone-gel breast implants.

Dow Corning chairman Gary Anderson said his company’s emergence from Chapter 11 will allow it to concentrate on serving its customers in a wide variety of industries with silicon materials…

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