July 26, 2016 6:55 PM ET


Company Overview of Sherwin Alumina Company, LLC

Company Overview

Sherwin Alumina Company, LLC produces aluminum oxide or alumina in South Texas. It offers smelter grade aluminum oxide. The company was founded in 1953 and is based in Gregory, Texas. Sherwin Alumina Company, LLC operates as a subsidiary of Allied Alumina, LLC. On January 11, 2016, Sherwin Alumina Company, LLC, along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

4633 Highway 361

Gregory, TX 78359

United States

Founded in 1953





Key Executives for Sherwin Alumina Company, LLC

Chief Executive Officer and President
Administration Director
Compensation as of Fiscal Year 2016.

Sherwin Alumina Company, LLC Key Developments

PCCA Eyeing Sherwin Alumina

Port of Corpus Christi Authority (PCCA) has made a bid to acquire Sherwin Alumina Company, LLC. According to the documents filed with U.S. Bankruptcy Court in Houston, PCCA offered a bid totaling $32.9 million, and already has made a $2 million ‘good faith deposit’ with a bank to move the process forward. The company has announced plans to sell its assets in exchange for forgiveness of $95 million in debt plus $0.25 million in cash.

Notice of Successful Bid Filed by Sherwin Alumina Company, LLC

Sherwin Alumina Company, LLC filed a notice of successful bid in the US Bankruptcy Court on April 21, 2016. Corpus Christi Alumina LLC emerged as the successful bidder for substantially all of the debtors’ assets (other than certain real property and related assets) for $54.5 million, which includes a credit bid of $50 million and $4.5 million in cash.

Sherwin Assets For Sale

The assets of Sherwin Alumina Company, LLC are scheduled to be auctioned next week, according to a document filed in bankruptcy court. The document, filed in the US Bankruptcy Court in southern Texas, lists the auction date for Sherwin Alumina Co LLC assets as 11 am Eastern Time on April 20, 2016. The deadline for bids on the business is 5 pm Eastern Time on April 18, 2016.

Similar Private Companies By Industry

Company Name Region
10x Technology LLC United States
20/20 Custom Molded Plastics,Ltd. United States
21st Century Plastics Corporation United States
2N2, Inc. United States
6062 Holdings, LLC United States

Recent Private Companies Transactions

January 11, 2016
January 11, 2016

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Sherwin Alumina Company, LLC, please visit www.sherwinalumina.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.