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Asbestos claims abating.


ASBESTOS asbestos, mineral
asbestos, common name for any of a variety of silicate minerals within the amphibole and serpentine groups that are fibrous in structure and more or less resistant to acid and fire.
 CLAIMS ABATING. Georgia-Pacific Corp. (G-P G-P Gel'fand - Pinsker (channel code) ), Atlanta, Georgia, USA reported that the number of asbestos claims filed against it continued to decline in 2004, though money paid out on claims reached the US$ 200 million mark, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a report by the Atlanta Business Chronicle chronicle, official record of events, set down in order of occurrence, important to the people of a nation, state, or city. Almanacs, The Congressional Record in the United States, and the Annual Register in England are chronicles. . In its annual report filed March 1 with the Securities and Exchange Commission, G-P said the total number of new claims filed against the Atlanta-based company last year were 32% below 2003 levels. At the end of 2004, there were 59,700 pending claims, down from 64,300 at the end of 2003. During 2004, 26,500 new claims were filed against the company, down from 39,000 new claims filed in 2003, the company reported.
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Title Annotation:INDUSTRY NEWS
Publication:Solutions - for People, Processes and Paper
Date:Apr 1, 2005
Words:121
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