Already have an ACS ID? Log in
Renew your membership, and continue to enjoy these benefits.
Already an ACS Member? Log in here
Choose the membership that is right for you. Discount will be applied automatically at checkout.
Enjoy these benefits no matter which membership you pick.
Most Popular in Business
Reichhold, one of the world’s largest manufacturers of unsaturated polyester and coatings resins, has filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court for the District of Delaware. The Durham, N.C.-based firm was founded in 1927 by Henry Reichhold, who developed a fast-drying paint for the Ford Model T. The firm was acquired by Japan’s DIC in 1987 for $540 million. Reichhold was losing money in 2005 when DIC sold it to a management group for only $2.00, but three years later, the company said it was in the black. Reichhold had sales of $1.1 billion and about 1,300 employees last year. The company hopes to divest its U.S. operations over the next few months.
This article has been sent to the following recipient: