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- W2334283764 abstract "Wellman Inc., headquartered in Clark, N.J., employs 2168 people and had 1986 sales of $239 million and operating income of $41.5 million. It claims that its principal competitors include multibilliondollar corporations such as Du Pont, Hoechst Celanese, Eastman Chemical, and Allied-Signal. And despite this formidable competition, it has grown, prospered, and is now going public. According to a preliminary prospectus issued by Wellman and its underwriters Shearson Lehman Bros, and Bear Stearns, 4.9 million common shares of the company's stock are to be offered to the public at a price between $18 and $21 per share. Wellman recycles plastic bottles as its primary source of polyethylene terephthalate (PET) resins, and, along with reclaimed fiber producer wastes and film wastes, turned out 11.3 million lb of polyester fiber in 1986, according to the preliminary prospectus. It claims that of the 120 million to 140 million lb of total PET bottles returned and recycled in the U.S. ..." @default.
- W2334283764 created "2016-06-24" @default.
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- W2334283764 date "1987-06-29" @default.
- W2334283764 modified "2023-09-25" @default.
- W2334283764 title "Small fibers-maker Wellman to go public" @default.
- W2334283764 doi "https://doi.org/10.1021/cen-v065n026.p014" @default.
- W2334283764 hasPublicationYear "1987" @default.
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