Sensient Technologies Corporation (NYSE: SXT) announced today that it has completed a new five-year $350 million revolving credit facility, with nine banks participating in the transaction. The facility will be used for general corporate purposes.
Celanese Corporation (NYSE:CE), a global technology and specialty materials company, today declared a quarterly dividend of $0.05 per share on its common stock, payable on May 2, 2011.
For the second year, UPM is supporting the GoodPlanet foundation by providing the paper necessary for the production of educational posters on the topic “Forests, a living community.” These kits will be distributed in nearly 57,000 schools and colleges of France to help teachers deal on the issues of sustainable development with their students.
At the Annual General Meeting of UPM-Kymmene Corporation, held on 7 April 2011, the financial statements of the company for the year 2010 were approved and the members of the Board of Directors and the President and CEO were discharged from liability for the financial period of 1 January-31 December 2010.
The election committee in Norske Skog proposes Finn Johnsson as new member of the board of directors of Norske Skog, following Einar J. Greve.
Further to Sappi’s announcement on Monday, 4 April 2011, in connection with a bond issue, Sappi (NYSE: SPP) announced today that it priced its upsized bond offering to raise approximately US$705 million equivalent of new senior secured notes. The new notes will be issued by Sappi Papier Holding GmbH in a series of 250 million pound notes maturing in 2018 issued at a price of 100% with a coupon of 6.625%, and a series of US$350 million maturing in 2021 issued at a price of 100% with a coupon of 6.625%.
Chemtura Corporation (NYSE: CHMT) announces it will present new additive innovations within its extensive line of antioxidants, UV stabilizers, polymerization inhibitors and flame retardants for plastics and describe the investments it is making in China and emerging markets at Chinaplas, Guangzhou, China, May 17-20, 2011.
