IHS Chemical Week

Services :: Financial

Wellman Retains Investment Bank to Explore Alternatives

2:38 PM MST | November 7, 2007 | Chemical Week Editorial Staff

Wellman’s board of directors is exploring “strategic alternatives” for the company before refinancing its debt in 2008, says Tom Duff, chairman and CEO. Wellman has retained Lazard Frères (New York), Duff says. Wellman reported a net loss from continuing operations of $26.3 million in the third quarter, compared with a net loss of $37.9 million in the same year-ago period. Wellman’s business in the third quarter was negatively impacted by new polyethylene terephthalate (PET) resin capacities coming into the Nafta market, Duff says...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa