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ShengdaTech, Inc. (fka SDTHQ)

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Last Post: 5/20/2014 4:33:59 AM - Followers: 23 - Board type: Free - Posts Today: 0

About ShengdaTech, Inc.

ShengdaTech is engaged in the business of manufacturing, marketing and selling a variety of nano-precipitated calcium carbonate ("NPCC") products and coal-based chemicals for use in various applications. The Company converts limestone into NPCC using its proprietary technology. The unique chemical and physical attributes make NPCC a valuable ingredient in tires, paints, polyvinyl chloride ("PVC") building materials and other products. NPCC enhances the durability of many products by increased strength, heat resistance, and dimension stabilization. The Company is also engaged in the manufacture and sale of coal-based chemical products namely ammonium bicarbonate, liquid ammonia, melamine and methanol. The Company markets and sells its coal-based products mainly for chemical fertilizers and raw materials in the production of organic and inorganic chemical products, including formaldehyde and pesticides.





ShengdaTech Inc. (SDTH), a maker of nano precipitated calcium carbonate for the tire industry, sought bankruptcy protection on 8/19/2011 from creditors without citing a reason.

The company listed $295.4 million in assets and $180.9 million in debt as of Sept. 30 in Chapter 11 documents filed in U.S. Bankruptcy Court in Reno, Nevada.

Nano precipitated calcium carbonate or NPCC, is a chemical additive used in automotive and polyvinyl chloride products. ShengdaTech is a leading maker of NPCC in China, according to the company website. The company says it's the only supplier of NPCC products to the tire industry.

The Reno-based company said in court papers that unsecured creditors should expect to see a recovery from the reorganization.

The 20 largest unsecured creditors are owed about $167.5 million. Bank of New York Mellon Corp. (BK) is the biggest, acting as the indenture trustee for 6.5 percent noteholders owed about $130 million, court documents show. The bank is also listed as the trustee for 6 percent noteholders owed about $36.3 million. Fifteen of the 20 creditors are listed as owed an "unknown" amount.

The case is In re ShengdaTech Inc., 11-52649, U.S. Bankruptcy Court, District of Nevada



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#1626   web page is here, and they are making money???? pepemartinez 05/20/14 04:33:59 AM
#1625   Time for the lawyers to go to war! colectinmrnj 03/01/14 02:52:58 PM
#1624   Good Job SEC Iy007 08/21/13 02:41:45 PM
#1623   Fine work on this compilation of articles. Seems colectinmrnj 03/05/13 11:33:43 PM
#1622   Have you heard of any progression for Shengdatech? colectinmrnj 12/18/12 12:12:17 PM
#1621   really nothing to do or we can trade pepemartinez 10/24/12 05:49:10 AM
#1620   No new symbol - company no longer trades ErnieBilco 10/23/12 07:52:42 AM
#1619   ...could anyone tell me if there is a goodword 10/22/12 11:15:38 PM
#1618   .0008 - D I .............. G X - ErnieBilco 10/18/12 07:55:55 PM
#1617   Thanks for clarifying. Well this is a bummer, havinatime 10/18/12 07:45:23 PM
#1616   I'm not screamin - I use caps for ErnieBilco 10/18/12 07:43:07 PM
#1615   Haha alright man, I was just wondering. No havinatime 10/18/12 07:39:40 PM
#1614   NO shareholders are no longer shareholders - we ErnieBilco 10/18/12 07:37:01 PM
#1613   Do shareholders get any part of the liquidation? havinatime 10/18/12 07:34:29 PM
#1612   You get to write off your losses - ErnieBilco 10/18/12 07:15:05 PM
#1611   Is this stock toast? We get nothing here? havinatime 10/18/12 07:02:02 PM
#1610   Time of death - 9:05 October 18th 2012 ErnieBilco 10/18/12 04:19:35 PM
#1609   Ohhhhhh, I'll take a Chinese scam over a ErnieBilco 10/17/12 04:37:57 PM
#1608   I hope it goes better than Onteco, can colectinmrnj 10/17/12 04:33:54 PM
#1607   Well I'll be here til the end - ErnieBilco 10/17/12 04:29:37 PM
#1606   Ernie, Nice to see you here. Looks like colectinmrnj 10/17/12 04:28:03 PM
#1605   NEWS out - KPMG was right - there ErnieBilco 10/17/12 01:16:14 PM
#1603   I guess we can't just call over and havinatime 09/10/12 01:57:37 AM
#1602   That is a very good question, how can geodan 09/07/12 12:24:30 AM
#1601   So is the factory still operating or not? havinatime 08/29/12 09:40:29 AM
#1600   Shandong Shengda Technology Co. Ltd. updated by the Iy007 08/24/12 11:38:28 AM
#1599   because company is in bankruptcy and they are geodan 08/20/12 11:14:46 PM
#1598   Shandong China with population of nearly 93 million, Iy007 08/17/12 10:53:43 AM
#1597   Based on the company’s nearly 10 billion Yuan Iy007 08/16/12 10:54:39 PM
#1596   Thank you. Bottom line do you think geodan 08/16/12 06:20:41 PM
#1595   I sent a letter of displeasure of the colectinmrnj 08/15/12 04:28:25 PM
#1594   Shengdatech Inc. Hidden Assets in China Iy007 08/15/12 01:37:49 PM
#1593   Just when everyone forgets it, +50% on heavy volume. geodan 08/12/12 09:54:14 PM
#1592   Shorty may be right! He however does not colectinmrnj 07/28/12 08:12:46 PM
#1591   Adjournment = Delay = Nail in the coffin shorty_sho_sho 06/20/12 10:52:39 AM
#1590   What's up with that?! shorty_sho_sho 06/19/12 01:51:37 PM
#1589   An ugly mess... shorty_sho_sho 06/18/12 01:08:43 PM
#1588   Hey, any new insight you could provide on Shengda? havinatime 06/13/12 09:06:08 PM
#1587   The company and the stock are worthless. shorty_sho_sho 06/03/12 08:44:12 PM
#1586   The bottomline of those 141pages? Anything? geodan 06/02/12 11:54:12 AM
#1585   Down ONLY 60% shorty_sho_sho 05/29/12 05:02:29 PM
#1584   Be prepared to lock up that cash for colectinmrnj 05/25/12 12:06:33 PM
#1583   I wish the same 0,30$ would not be pepemartinez 05/25/12 11:42:03 AM
#1582   Pepe, I hold over 200000 at around .10. I colectinmrnj 05/25/12 10:32:38 AM
#1581   see this... pepemartinez 05/25/12 08:16:35 AM
#1580   what's your average? mine is 0,044 (only 10K pepemartinez 05/25/12 08:13:53 AM
#1579   Jaxstraw, does it ever get windy there? colectinmrnj 05/24/12 04:36:27 PM
#1578   DISCLOSURE STATEMENT/POR jaxstraw 05/24/12 09:36:26 AM
#1577   Class 6: Equity Interests jaxstraw 05/24/12 09:35:06 AM
#1576   The End Is The End shorty_sho_sho 05/24/12 09:26:25 AM
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