SYBRON CHEMICALS INC. BECOMES OFFICIAL NAME OF FORMER SYBRON CHEMICAL INDUSTRIES INC.
BIRMINGHAM, N.J., Jan. 29 /PRNewswire/ -- Sybron Chemical Industries Inc. (NASDAQ: SYCM) announced today that it has merged with and taken the name of its wholly-owned operating company, Sybron Chemicals Inc. The shares will continue to be traded on the NASDAQ National Market under the symbol SYCM. Dr. Richard M. Klein, president and chief executive officer of the company, stated, "This name change eliminates possible confusion by allowing us to be referred to in the investment community by the same name as we are known in our industry around the world. The holding company, Sybron Chemical Industries Inc., was created only to effect the purchase of Sybron Chemicals Inc. in 1987 and no longer serves any purpose." Sybron Chemicals Inc. is an international specialty chemicals company which develops, produces and markets specialty chemicals in two main markets: environmental (primarily related to water and waste treatment) and textile dyeing and finishing. Products include Ionac(R) ion exchange resins and Purification Products Company reverse osmosis membranes for use in water treatment and special applications; Bi-Chem(R) biologically active seed cultures for groundspill clean-up and industrial, municipal and sanitary waste treatment; and Tanatex(R) dyehouse chemicals and Jersey State(R) finishing chemicals for textile and carpet industries. /delval/ -0- 7/23/92 /CONTACT: Sid Cohen, chief financial officer of Sybron Chemical Industries, 609-893-1100/ (SYCM)
CO: Sybron Chemical Industries Inc. ST: New Jersey IN: CHM SU:
CC -- PH042 -- 0937 01/29/93 16:38 EST
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|Date:||Jan 29, 1993|
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