Finance Asia  Mar 10  Comment 
The private equity firm has invested in GGC, owner of the bean sprout brand “Meisui Bijin”.
MarketWatch  Oct 8  Comment 
Golden Gate Capital disclosed that it has a 9% stake in Ascena Retail Group , which owns Ann Taylor, Lane Bryant, Dressbarn and other brands. GGC believes the company's stock is significantly undervalued, according to the SEC filing. The firm also...
GenEng News  Feb 5  Comment 
In October, the South Carolina-based Greenwood Genetic Center (GGC) launched a whole exome sequencing (WES) program. The technique, carried out via next-generation sequencing, is particularly appropriate for patients who need additional genetic...
The Hindu Business Line  Nov 13  Comment 
Sobha Ltd has been named among India’s 17 new Global Growth Companies (GGC) in South Asia by the World Economic Forum (WEF). Sobha is the only Indian real estate company to be recognised b...
DailyFinance  Aug 6  Comment 
OTTAWA, ONTARIO -- (Marketwired) -- 08/05/14 -- The Grain Growers of Canada (GGC) are pleased that the text for the Canada-European Union Trade Agreement (CETA) has been agreed upon, and urge the Federal and Provincial governments to finalize its...
DailyFinance  Aug 5  Comment 
OTTAWA, ONTARIO -- (Marketwired) -- 08/05/14 -- The Grain Growers of Canada (GGC) are pleased that the text for the Canada-European Union Trade Agreement (CETA) has been agreed upon, and urge the Federal and Provincial governments to finalize its...
Benzinga  Dec 5  Comment 
U.S. Silica Holdings (NYSE: SLCA) today announced the commencement of an underwritten public offering of 4,526,471 shares of U.S. Silica common stock by GGC USS Holdings, LLC, an affiliate of Golden Gate Capital. Upon...
DailyFinance  Nov 28  Comment 
TORONTO, ON--(Marketwired - November 28, 2013) - Girl Guides of Canada-Guides du Canada (GGC), together with The Cowan Foundation, is pleased to make an exciting announcement. On October 23, 2013 The Cowan Foundation presented GGC with a cheque...
StreetInsider.com  Jan 17  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Georgia+Gulf+%28GGC%29+Commences+%24450M+Senior+Debt+Offering/8014269.html for the full story.


Georgia Gulf Corporation is a leading North American manufacturer and international marketer of two integrated chemical product lines, chlorovinyls and aromatics. Key products are chlorine, caustic soda, VCM, PVC, cumene, phenol and acetone. In October 2006, the company completed the acquisition of Royal Group, a leading supplier of vinyl-based building and home improvement products. Under the Royal Group brand, Georgia Gulf manufactures a complete line of custom and other vinyl-based building and home improvement products. The company's sales are entirely in the US and Canada.

The company is suffering from potentially overpaying for Royal Plastics, a company that makes vinyl-based housing products. The poor housing market has hurt the company. Housing starts are expected to drop by 15-20% in 2007. The $1.5 billion acquisition resulted in a $1.5 billion increase in debt. The company recently renegotiated its debt compliance (leverage and interest coverage) ratios, as the company is in danger of non-compliance.

The start-up of new PVC capacity by Shintech is likely to worsen conditions in an oversupplied market. Shintech intends to add 1.3 billion pounds of PVC capacity in 2007, an increase of more than 7.5%. This will drop industry operating rates from 89% to 84%. The phenol business has been under pressure in recent years due to Asian increases in capacity that has reduced export volumes. Operating rates remain rather low in this business, at 83%. Operating rates are low in the caustic/chlorine business, at 85%.


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