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Sherwin Alumina posts $3.49 million net loss for month ended April 30
By Caroline Salls
Pittsburgh, May 20 – Sherwin Alumina Co., LLC posted a $3.49 million net loss for April on $21.59 million in revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.
Those figures showed a decline from the $1.89 million net loss reported for March on $22.37 million in revenue.
In addition, Sherwin had $8.02 million in cash as of April 30, down from $8.39 million at the end of March.
Sherwin, a Gregory, Texas-based alumina producer, filed for bankruptcy on Jan. 11. The Chapter 11 case number is 16-20012.
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