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Latest Hexion Specialty Chemicals Stories

2014-02-27 12:24:04

LONDON, Feb. 27, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Global Adhesives and Sealants Market 2012-2016 TechNavio's analysts forecast the Global Adhesives and Sealants market to grow at a CAGR of 3.86 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in R&D investment and activities. The Global Adhesives and Sealants market has also been witnessing an increasing demand from...

2010-02-25 13:43:00

MALVERN, Pa., Feb 25 /PRNewswire/ -- REALTECH, Inc., the North American affiliate of REALTECH AG, a long-time SAP® software and technology partner, today announced the successful upgrade of Hexion's SAP system from SAP R/3 4.6C to SAP ECC 6.0. During the same project timeframe, REALTECH also completed implementation of TransportManager for Hexion. REALTECH TransportManager is an easy-to-use software solution for the automated distribution of program and data...

2010-01-11 07:00:00

THE WOODLANDS, Texas, Jan. 11 /PRNewswire-FirstCall/ -- Huntsman Corporation (NYSE: HUN) today announced that it will repurchase the entire $250 million principal amount of its outstanding 7% convertible notes for approximately $382 million from funds controlled by Apollo Management, L.P. The convertible notes were issued to Apollo in December 2008 as part of a settlement agreement in connection with the terminated merger agreement with Hexion Specialty Chemicals, Inc. The convertible...

2009-06-23 10:51:00

THE WOODLANDS, Texas, June 23 /PRNewswire-FirstCall/ -- Huntsman Corporation (NYSE: HUN) today announced it has reached 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. Under the terms of the settlement agreement, the Banks are providing the following...

2009-05-11 17:16:00

Judge Decides Huntsman Claims Will Proceed to Trial THE WOODLANDS, Texas, May 11 /PRNewswire-FirstCall/ -- Huntsman Corporation (NYSE: HUN) today announced that Judge Fred Edwards of the 9th District Court of Montgomery County, Texas, ruled in favor of Huntsman on six motions, clearing the way for Huntsman to proceed to trial on the core claims of its multi-billion dollar damage suit against Credit Suisse and Deutsche Bank on June 8, 2009. Following a day-long hearing, and after reviewing...

2009-01-07 07:00:00

THE WOODLANDS, Texas, Jan. 7 /PRNewswire-FirstCall/ -- On December 30, 2008, Huntsman Corporation (NYSE: HUN) announced receipt of the final payment of the $1 billion in payments made in December by affiliates of Apollo Management, L.P. ("Apollo") pursuant to a settlement agreement with Huntsman. Net proceeds from the $1 billion in payments (excluding fees and expenses) will be used to reduce the company's indebtedness and to increase liquidity. The company expects the cash tax impact to be...

2008-12-30 06:58:00

THE WOODLANDS, Texas, Dec. 30 /PRNewswire-FirstCall/ -- Huntsman Corporation (NYSE: HUN) today announced it has received the final $425 million in payments from affiliates of Apollo Management, L.P. ("Apollo"). The payments were made pursuant to Huntsman's agreement with Hexion Specialty Chemicals, Inc. ("Hexion"), Apollo and certain of its affiliates to settle Huntsman's claims against Hexion, Apollo and its affiliates arising in connection with Huntsman's now terminated Merger...

2008-12-23 14:35:00

Additional $250 million settlement payment also due by year end THE WOODLANDS, Texas, Dec. 23 /PRNewswire-FirstCall/ -- Huntsman Corporation (NYSE: HUN) today announced it has received $250 million from affiliates of Apollo Management, L.P. ("Apollo") from the issuance of its 10 year convertible notes. The notes were issued pursuant to Huntsman's previously announced settlement agreement with Hexion Specialty Chemicals, Inc. ("Hexion"), Apollo and certain of its affiliates to settle...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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