Rising Bankruptcy Trends in Chemical
The U.S. chemical sector is facing escalating bankruptcies, impacting supply chains and production. BKWire’s daily filings and creditor data help you stay proactive.
How BKwire Protects Your Chemical Supply Chain
Suppliers
Spot vulnerable raw material partners early via daily bankruptcy alerts and creditor exposure data, preventing losses from disrupted feedstock flows.
Producers
Track filings across the supply chain to secure chemical sourcing, enabling swift pivots to alternative vendors and minimizing production halts.
Distributors
Ensure delivery continuity with real-time insights into upstream bankruptcies, protecting just-in-time inventory and customer commitments.
Chemical collapses unravel global production networks
When producers shut down, critical intermediates vanish, transport contracts collapse, and global buyers scramble for substitutes. The disruption doesn’t stop at one facility. It cascades through and reshapes entire markets overnight.
BKwire exposes weak links before the crisis spreads
Bankruptcy in chemicals can mean cancelled agreements, stranded cargo, or missing inputs for downstream industries. BKwire surfaces early distress signals, giving you actionable lead time. Easily secure alternatives and keep operations intact.
BKwire exposes weak links before the crisis spreads
Bankruptcy in chemicals can mean cancelled agreements, stranded cargo, or missing inputs for downstream industries. BKwire surfaces early distress signals, giving you actionable lead time. Easily secure alternatives and keep operations intact.
BKwire Chemical Bankruptcy Filings 2023-2025
2023
Number of Filings
Post-pandemic supply chain strains; overcapacity and high debt levels hit hardest.
2024
Number of Filings
38% above 2019-2022 average; nylon, specialty chemicals, and distributors prominent.
2025 (YTD)
Number of Filings
Marine and performance materials doubled; large-scale restructurings dominate.
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Recent Chemical Bankruptcies
21st Century Chemical (August 2025)
Bankrupt
Fort Lauderdale specialty chemical distributor filed Ch.11 on Aug 18, 2025, in Florida amid lawsuits & strain; with $174K assets vs $920K debt, risks disrupting regional solvent supply & exposing unsecured creditors.
Ascend Performance Materials (April 2025)
Bankrupt
Houston-based nylon & engineered plastics producer filed Ch.11 on Apr 21, 2025, in Texas amid heavy debt & market strain; operations continue, with $2.46M exec bonuses, asset sales, and global supply chain impacts.
Renowned Chemical Solutions (July 2025)
Bankrupt
Texas-based chemical solutions provider filed Ch.7 on July 2, 2025, in Texas amid litigation & distress, including a CJ Chemicals dispute; liquidation may halt custom formulations & raw material supply, exposing creditors.
Recent Medical Bankruptcies
NES Health
Bankrupt
Filed for Chapter 7, leading to liquidation after failing to pay emergency physicians, leaving hospitals understaffed and doctors without malpractice coverage.
Why the Chemical Industry Needs BKwire Bankruptcy Monitoring
Weakness detection
Surface vulnerabilities in specially chemical supply networks at the earliest stage
Strategic gains
Identify buyout candidates or partners in turbulent markets
Connected tracking
Blend with Watchlist alerts for constant zone updates
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