Canhorn Chemical Corporation - Update.TORONTO--(BUSINESS WIRE)--Sept. 30, 1996--CANHORN CHEMICAL COR cor (kor) [L.] heart. acute cor pulmonale acute overload of the right ventricle due to pulmonary hypertension, usually due to acute pulmonary embolism. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CNH CNH Carteira Nacional de Habilitação CNH Centro Nacional de Huracanes (Spanish) CNH California Nevada Hawaii (a district of Kiwanis International) CNH Club Náutico Hacoaj .) Canhorn Chemical Corporation (CNH-TSE) said today they have entered into negotiations to acquire a well established flavour (jargon) flavour - (US: flavor) 1. Variety, type, kind. "DDT commands come in two flavors." "These lights come in two flavors, big red ones and small green ones." See vanilla. 2. The attribute that causes something to be flavourful. and fragrance manufacturer and distributor. The Company is also discussing the acquisition of two existing chemical manufacturing businesses from a major U.S. corporation. Both transactions are subject to satisfactory completion of a due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. review, financing and certain other conditions. Herman Herman only goal in life becomes winning at cards. [Russ. Opera: Tchaikovsky, Queen of Spades, Westerman, 401] See : Obsessiveness Becker-Fluegel, Chairman, said: "these potential acquisitions are in line with the Company's stated intention of expanding in the chemical manufacturing field through acquisitions. The acquisitions would also accelerate and facilitate the further broadening of the Company's executive and professional staff." The Company's existing operations at Riba Corporation are continuing to make progress. Sales for the quarter ending July 31, 1996 amounted to $580,000, an increase of approximately 16 percent over the second quarter sales. Starting in November, 1996 we expect to add flavour and fragrance chemical shipments to the present sales of electronic chemicals. The first commercial shipment of Gama-Nonalactone has just been made, to be followed by the production of other lactones during the next few weeks. CONTACT: Canhorn Chemical Corporation Herman Becker-Fluegel, 718/ 351-1214 or Canhorn Chemical Corporation Michael D. Coulter, 416/ 368-3332 |
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