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Alkegen restructuring plan confirmed

By Haydn Davis
7 September 2026

Financial restructuring eliminates $3.1 billion of total debt and secures $315 million of new capital to support ongoing operations

IRVING – Speciality materials manufacturer Alkegen has announced that the United States Bankruptcy Court for the Northern District of Texas has confirmed its Chapter 11 Plan of Reorganization, marking a significant milestone toward completion of the company's restructuring.

The plan is supported by a supermajority of the company's key financial partners and reflects the restructuring support agreement (RSA) that Alkegen announced in July.

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