| Financial Releases |
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Constar International Inc. Announces Resignation of Michael Hoffman; Ruth Mack to Serve as Interim President and CEO
Apr 28, 2010
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Philadelphia, PA - April 28, 2010 - Constar International Inc. (NasdaqCM: CNST) today announced that Michael J. Hoffman has resigned as President, Chief Executive Officer and Director, effective today, to pursue other opportunities. Constar's Board of Directors has initiated a search for Mr. Hoffman's replacement. In the interim, Ruth J. ...
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Constar International Inc. to be Listed on NASDAQ Capital Market
Apr 7, 2010
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Philadelphia, PA - April 7, 2010 - Constar International Inc. (OTC: CNRN.PK), a leading global producer of PET (polyethylene terephthalate) plastic containers for food and beverages, today announced that The NASDAQ Stock Market has approved its application to list its common stock on The NASDAQ Capital Market. The Company expects tr...
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Constar International Inc. Completed Its Financial Restructuring and Emerged From Chapter 11
Jun 1, 2009
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Philadelphia, PA - June 1, 2009 -- Constar International Inc., a leading global producer of PET (polyethylene terephthalate) plastic containers for food and beverages, announced that the Company and its affiliated debtors completed their financial restructuring and successfully emerged from Chapter 11 on Friday, May 29, 2009. The reorgani...
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Court Confirms Constar's Plan of Reorganization
May 4, 2009
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Philadelphia, PA - May 4, 2009 - Constar International Inc. announced today that the U.S. Bankruptcy Court for the District of Delaware indicated its approval of Constar's emergence from Chapter 11 in accordance with the Plan of Reorganization for Constar and its affiliated debtors. At the hearing, the Court ruled that Constar had met all...
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Constar International Inc. Receives Final Approval of Its Debtor-In-Possession Financing
Jan 21, 2009
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Philadelphia, PA - January 21, 2009 -- Constar International Inc. (OTC: CNSTQ.PK) announced that on January 20, 2009 the U.S. Bankruptcy Court for the District of Delaware ("the Court") granted final approval of the Company's $75 million debtor-in-possession ("DIP") financing. The DIP financing includes the option for the Company to conve...
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Court Enters Order Restricting Trading in Equity of Constar International Inc. and Affiliates
Jan 8, 2009
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Philadelphia, PA - January 8, 2009 -- Constar International Inc. (NASDAQ: CNST) announced that the United States Bankruptcy Court for the District of Delaware has entered an order that imposes substantial restrictions on trading in equity interests in Constar International Inc. and affiliates. A copy of the order may be found at the follo...
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Constar International Inc. Receives Delisting Notice from NASDAQ Stock Market
Jan 6, 2009
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Philadelphia, PA - January 6, 2009 -- Constar International Inc. (NASDAQ: CNST) today announced that on December 30, 2008, the Company was given a notice by The NASDAQ Stock Market that in connection with the Company's filing of Chapter 11 cases that day, and in accordance with Marketplace Rules 4300, 4450(f) and IM-4300, the Nasdaq staff...
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Constar International Inc. Receives Court Approval on "First Day" Motions in its Reorganization Filing
Jan 5, 2009
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Philadelphia, PA - January 5, 2009 -- Constar International Inc. (NASDAQ: CNST) announced the approval of its operational "first day" motions by the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") on December 31, 2008. The Company received, among other things, interim Bankruptcy Court approval of its $75 millio...
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Constar International Inc. Receives Support from the Holders of a Majority in Principal Amount of the Subordinated Notes for Plan to Reduce Debt and Annual Interest Expense
Dec 30, 2008
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Philadelphia, PA - December 30, 2008 -- Constar International Inc. (NASDAQ: CNST) today announced that it has received support from the holders of a majority in principal amount of the Company's Subordinated Notes regarding a debt-for-equity exchange that will reduce the Company's outstanding indebtedness by $175 million and reduce its an...
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Constar International Inc. Provides Financial Information to Investors
Dec 12, 2008
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Philadelphia, PA - December 12, 2008 — Constar International Inc. (NASDAQ: CNST) today announced that on December 9, 2008, members of the Company's management made a presentation to an investor group. A copy of that presentation has been filed today on Form 8-K with the Securities and Exchange Commission. A copy of the 8-K report ca...
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Constar International Inc. Announces 2008 Third Quarter and First Nine Months Financial Results
Nov 14, 2008
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Philadelphia, PA - November 14, 2008 -- Constar International Inc. (NASDAQ: CNST) today announced its financial results for the third quarter and nine months ended September 30, 2008.
Highlights include:
Credit Agreement EBITDA, excluding restructuring charges, was $6.7 million as compared to $17.3 million in the thi...
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Constar International Inc. to Announce 2008 Third Quarter Financial Results on November 14
Nov 11, 2008
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Philadelphia, PA - November 11, 2008 - Constar International Inc. (NASDAQ: CNST) will release its 2008 third quarter financial results on Friday, November 14, 2008 before the U.S. markets open. The Company will hold a conference call for financial analysts and investors to discuss these results at 9:00 a.m. ET that day. Forward-looking and other...
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Constar International Inc. Reports NASDAQ Has Extended Listing Compliance Requirements to March 16, 2009
Oct 28, 2008
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Philadelphia, PA, October 28, 2008 - Constar International Inc. (NASDAQ: CNST), reported today that on October 22, 2008 it was given a notice by the NASDAQ Stock Market that NASDAQ has suspended enforcement of its bid price and market value of publicly held shares requirements through January 16, 2009. In that regard, on October 16, 2008...
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Constar International Inc. Reports NASDAQ Deficiency Notice
Sep 16, 2008
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Philadelphia, PA, September 16, 2008 - Constar International Inc. (NASDAQ: CNST), reported today that on September 10, 2008 it received a notice from the Listing Qualifications Department of the NASDAQ Stock Market indicating that for 30 consecutive trading days, the Company's publicly held shares had not maintained a minimum market value...
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Constar International Inc. Announces 2008 Second Quarter and First Six Months Financial Results
Aug 14, 2008
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Philadelphia, PA - August 14, 2008 -- Constar International Inc. (NASDAQ: CNST) today announced its financial results for the second quarter and six months ended June 30, 2008.
Highlights include:
Credit Agreement EBITDA, excluding restructuring charges, was $14.9 million as compared to $15.7 million in the second qu...
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Constar International Inc. to Announce Second Quarter Financial
Aug 8, 2008
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Philadelphia, PA – August 8, 2008 – Constar International Inc. (NASDAQ: CNST) will release its 2008 second quarter financial results on Thursday August 14, 2008 before the U.S. markets open. The Company will hold a conference call for financial analysts and investors to discuss these results at 9:00 a.m. ET that day. Forward-looking ...
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Constar International Inc. Announces First Quarter 2008 Results
May 15, 2008
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Philadelphia, PA – May 15, 2008 -- Constar International Inc. (NASDAQ: CNST) today
announced its financial results for the first quarter ended March 31, 2008. Highlights include:
Credit Agreement EBITDA, excluding restructuring charges, was $10.6 million as compared to
$12.9 million in the first quarter of 2007;
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Constar International Inc. to Announce First Quarter Financial Results on May 15
May 13, 2008
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Philadelphia, PA - May 13, 2008 - Constar International Inc. (NASDAQ: CNST) will release its 2008 first quarter financial results on Thursday May 15, 2008 before the U.S. markets open. The Company will hold a conference call to discuss these results at 9:00 a.m. ET that day. Forward-looking and other material information will be disc...
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Constar International Inc. Announces Fourth Quarter And Full Year 2007 Results
Mar 31, 2008
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Philadelphia, PA - March 31, 2008 -- Constar International Inc. (NASDAQ: CNST) today announced its financial results for the fourth quarter and twelve months ended December 31, 2007. Highlights include:
Full year Credit Agreement EBITDA excluding restructuring charges was $55.2 million, which was in line with the Company's mos...
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Constar International Inc. Schedules Fourth Quarter and Full Year 2007 Conference Call
Mar 27, 2008
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Philadelphia, PA - March 27, 2008 ? Constar International Inc. (NASDAQ: CNST) will release its financial results for the fourth quarter and year ended December 31, 2007 on Monday, March 31, 2008 before the U.S. markets open. The Company will hold a conference call to discuss these results at 9:00 a.m. ET that day. Forward-looking and...
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