Vertellus hires longtime chemical, plastics executive as CEO
John Van Hulle replaces former president and CEO Rich Preziotti, who left the company in May after more than 10 years in the position.
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No injuries reported in chemical spill at Indianapolis plant
The Wayne Township Fire Department said the spill of a chemical used in automotive adhesive was reported shortly after 4 a.m. Tuesday at Vertellus Specialties Inc. on the city's southwest side.
Vertellus workers qualify for federal layoff assistance
The U.S. Department of Labor says Vertellus employees affected by a pending plant layoff can apply for Trade Adjustment Assistance.
Vertellus pension plan to get $36M bailout from federal agency
A federal agency has stepped in to pay almost all of a $36 million shortfall in pension benefits for current and future retirees of Vertellus Specialties Inc., an Indianapolis-based manufacturer that is working its way through a Chapter 11 bankruptcy.
Federal judge OKs $454M Vertellus Specialties acquisition plan
A federal bankruptcy judge approved the sale of Indianapolis-based chemical company Vertellus Specialties Inc. on Thursday after the U.S. Environmental Protection Agency withdrew its objection to the sale.
EPA objects to Vertellus Specialties acquisition plan
Indianapolis-based Vertellus Specialties Inc. is at odds with the U.S. Environmental Protection Agency over whether a proposed $454 million sale of the chemical company will provide adequate resources to address environmental cleanup needs.
Vertellus Specialties bankruptcy sets stage for sale
The Indianapolis-based maker of Deet insect repellent and a slew of specialty chemicals already has an offer worth $453.8 million.
Growth-minded Vertellus buys Dow Chemical unit
Indianapolis-based chemical producer Vertellus Specialties Inc. has announced its second big acquisition in as many months, in a deal believed to be worth as much as $200 million.
Largest solar farm on Superfund site goes online
The nation's largest solar farm built on a federal Superfund site is now generating power in Indianapolis on property once tainted by a long-closed plant's wood-treating operations.