ShengdaTech files for Chapter 11

ERJ staff report (DS)

San Francisco, California - Chinese calcium carbonate maker ShengdaTech has filed a Chapter 11 plan with the United States Bankruptcy Court for the District of Nevada.

The Bankruptcy Court has set June 25, 2012 as the hearing date on the adequacy of the Disclosure Statement. Assuming the Disclosure Statement is approved on June 25, 2012, the Company is targeting August 30, 2012 for confirmation of the Plan.

For court documents, a list of scheduled hearings, and other information related to ShengdaTech's bankruptcy proceedings, please visit the website on the link below. A Form 8-K has been filed this date.

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Press release from ShengdaTech

Court documents concerning ShengdaTech's Chapter 11