History
The company originated on June 9, 1969 as an Illinois corporation, Chemico Metals Corporation. On 23 March 1970, it became a Delaware corporation. In 1973, the company changed its name to Chemetco. By 1980, it employed around 200 staff. By 2000, Chemetco was a member of the St Louis Minority Business Council.
On November 13, 2001, the company filed for Chapter 7 bankruptcy (liquidation) following conviction in a U.S. federal court and a fine of $3.86 million. Chemetco and former CEO, Denis L. Feron were charged on four felony counts: Conspiracy to violate the Clean Water Act, violation of the Clean Water Act, and two counts of making false statements. The plant, which closed on Nov 1, 2001, was promptly sealed by the Environmental Protection Agency (EPA) and tagged for an assessment of public health hazards.
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