Agreement Includes Products, Technology, and Manufacturing Assets in Brazil, India & South Africa
SI Group, a leading performance additives company, announced today plans to complete an agreement to sell the majority of its global Industrial Resins business to ASK Chemicals, a portfolio company of private equity firm, Rhone Group, LLC.
The transaction includes SI Group s Industrial Resins products and associated manufacturing sites in Rio Claro, Brazil; Ranjangaon, India; and Johannesburg, South Africa, as well as licensed technology and multiple tolling agreements globally. ASK Chemicals, headquartered in Hilden, Germany, is a market leader in the foundry materials sector and manufactures binders, coatings, feeders, filters, and release agents, as well as metallurgical products including inoculants, inoculation wires and master alloys for iron casting.
Earnings to Lower Ceiling on U S High-Grade Bond Sales Next Week
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SI Group selling industrial resins business to ASK Chemicals - Canadian Plastics
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Through the fourth quarter of 2020, businesses in Mount Pleasant received $7.8 million in health-related relief from the CARES act issued by the Department of Health and Human Services.
According to numbers reported through the fourth quarter of 2020, businesses in South Carolina received $1.2 billion in health-related relief from the CARES act issued by the Department of Health and Human Services. The largest recipient of funding in the state was Prisma Health-Upstate with a total of $131 million. The average loan size in the city was $66,910 while the state s average loan amount was $258,718.
Of the money distributed, $30 billion went out automatically to health providers based on previous year medicare payments. If the money wasn t returned within 90 days the provider is then automatically entered into the repayment terms that are issued by HHS. With the money going out automatically and the rules constantly changing, some of the businesses that received the money weren t eligib