Viridis Files for Chapter 11 Reorganization

Portion of a dormant, almost-complete Viridis plant seen on January 18, 2026

A little update on Viridis Chemical's dormant, almost-complete Peoria ethyl acetate plant. The company on Sunday filed for Chapter 11 bankruptcy in the Southern District of Texas. 

There are several reasons for the company's failure to start operations. Hopefully, reorganization is a phase prior to finding a new market and starting operations. The Tazewell & Peoria Railroad Co. would serve the plant. 
 
- David P. Jordan
 

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