Vynova creditor protection extended; reorganization plan due Nov 13

Belgian chemical firm Vynova has had its creditor protection extended again, with a reorganization plan due to the Hasselt Commercial Court by November 13 and a creditor vote on December 4. The company, employing about 600 people, is in talks with potential buyers to resume operations at sites in Tessenderlo, Mazingarbe, and Beek. The extension signals ongoing financial distress, likely driven by high energy costs, and the outcome remains uncertain.