Industries Inc. has announced that the Bankruptcy Court for the Northern
District of Georgia (the “Court’) granted final authorization for the company
to borrow all amounts available under its $75 million debtor-in-possession
credit facility (the “DIP Facility”) from General Electric Capital Corp.,
pursuant to the terms and conditions of the DIP Facility Agreement, and to use
the amounts borrowed under the DIP Facility to fund working capital and other
general corporate needs.
Huntsman Corp. recently announced an agreement with Credit Suisse and Deutsche Bank (“The Banks”) to settle Huntsman's claims and end the ongoing trial against them in Texas state court for fraud and tortious interference in connection with Huntsman's terminated merger agreements with Basell and Hexion Specialty Chemicals Inc.
Corp. announced the acquisition of the Baroda Division of Metrochem Industries,
a manufacturing facility for the production of intermediates and specialty
products for textiles, located in Baroda,
Dyneon LLC, a 3M company, and Shandong Dongyue Polymer Material
Co. Ltd., a China-based PTFE producer, have agreed to enter into a raw material
supply agreement relating to suspension polytetrafluoroethylene (PTFE)
Dr. Ephraim Senbetta, LEED AP, will spearhead the group of LEED Accredited Professionals MAPEI Corp. is assembling to assist architects, contractors and specifiers with questions concerning the role of MAPEI’s products in helping contribute valuable points to projects seeking LEED certification.
PPG Industries’ aerospace business has begun using its chromate-free polysulfide aircraft window sealant on its glass-faced acrylic replacement windshields for Bombardier Challenger 600 Series business jets to provide operators with an environmentally responsible moisture seal.
Reichhold, Inc. recently announced an agreement to
expand its distribution network in the U.S. Pacific Northwest (Washington,
Idaho and Colorado) with the addition of TCR
Industries and PT Hutchins as authorized agents for Reichhold coating resin