Former Constar sees zero operating loss, no sales again in December

By Kali Hays

New York, Feb. 12 – Capsule International Holdings LLC, formerly Constar International Holdings LLC, posted an operating loss of zero for December on zero net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company reported an operating loss of zero and zero net sales in November as well.

Capsule reported a $195,000 net loss for December, almost unchanged from a net loss of $197,000 in November.

The company also reported cash and cash equivalents of $958,000 as of Dec. 31, down from $960,000 at the end of November.

Constar, a Trevose, Pa.-based maker of polyethylene terephthalate food and beverage containers, filed for bankruptcy on Dec. 19, 2013. The Chapter 11 case number is 13-13281.

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