Ameripol Synpol files for protection under Chapter 11. (Corporate, Financial News).Ameripol Synpol, Port Neches, TX, a manufacturer of emulsion synthetic rubber products, has filed for protection under Chapter 11 of the Federal Bankruptcy Code in the United States Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. for the District of Delaware. The filing for reorganization under Chapter 11 permits management to continue to operate the business and to maintain production while the company attempts to restructure or find a buyer for its operations. The company also announced it has entered into a term sheet with International Specialty Products (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ), Wayne, NJ, for the sale of substantially all of the assets of the company as a going concern to ISP. The company intends to present a proposed Asset Purchase Agreement with ISP to the Bankruptcy Court for its consideration. The sale will be subject to Bankruptcy Court approval, which will require the company to permit other potential buyers to bid for these assets. Chimica D'Agostino S.p.A. has officially informed Dow Poliuretani Italia S.r.1. about its decision to stop negotiations with Dow for the acquisition of its methylene-diphenylene-isocyanate (MDI (1) (Multiple Document Interface) A Windows function that allows an application to display and lets the user work with more than one document at the same time. ) plant in Brindisi, Italy, which is currently owned by Dow Poliuretani Italia. The facility will now be closed. Cooper Tire & Rubber, Auburn, IN, recently accepted a Quality Master 2002 Award from Nissan's Mexico Division for excellent service provided by the sealing systems plant in Aguascalientes. Cooper-Standard Automotive was recognized by Nissan for maintaining a high level quality assurance system and applying it to the manufacture of sealing products for Nissan vehicles. Neville Chemical, Pittsburgh, PA, announced that its subsidiary, Nevcin Polymers, B.V., Uithoom, the Netherlands, will change its name to Neville Chemical Europe, B.V. Crompton, Middlebury, CT, announced it is cooperating with competition authorities in the U.S., Canada and the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community that have opened an investigation into possible collusive col·lu·sive adj. Acting in secret to achieve a fraudulent, illegal, or deceitful goal. col·lu  sive·ly adv. behavior by manufacturers of ethylene propylene propylene /pro·pyl·ene/ (pro´pi-len) a gaseous hydrocarbon, CH3CHdbondCH2.propylene glycol a colorless viscous liquid used as a humectant and solvent in pharmaceutical preparations. diene Dienes are hydrocarbons which contain two double bonds. Dienes are intermediate between alkenes and polyenes. Classes Dienes can be divided into three classes:
EPDM Enterprise Product Data Management EPDM Ethylene Propylene Dimonomer (industrial/commercial piping/plumbing components) EPDM Engineering Product Data Management ). During the course of an internal investigation undertaken by Crompton with respect to rubber chemicals, the company became aware of such behavior by manufacturers of EPDM and promptly notified the appropriate authorities. As a result, in each of the three jurisdictions, Crompton and its relevant affiliates have been conditionally granted amnesty with regard to criminal prosecution and fines with respect to EPDM. Crompton will continue to cooperate with the authorities. |
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