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Sherwin Alumina marks $4.26 million net loss for month ended Oct. 31
By Caroline Salls
Pittsburgh, Nov. 28 – Sherwin Alumina Co., LLC posted a $4.26 million net loss for October on $19,110 in revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.
In comparison, Sherwin reported a $36.62 million net loss for September on $5.61 million of revenue.
In addition, the company had $2.62 million in cash as of Oct. 31, down from $5.73 million at the end of September.
Sherwin, a Gregory, Texas-based alumina producer, filed for bankruptcy on Jan. 11, 2016. The Chapter 11 case number is 16-20012.
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