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CVI, SYUT, GGC - CRWESelect.com Stock News! CVR Energy, Synutra...
CVI, SYUT, GGC - CRWESelect.com Stock News! CVR Energy, Synutra International, Georgia Gulf Corporation (Video Included Inside)
January 13, 2012 Investment news in Las Vegas,Nevada, United States of America
"CVR Energy Incorporated issued a statement in response to an investment in the company"
FOR IMMEDIATE RELEASE
Las Vegas,
Nevada,
United States of America
(Free-Press-Release.com) January 13, 2012 --
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CVR Energy, Inc. (NYSE:CVI)
CVR Energy Incorporated - symbol CVI - issued a statement in response to an investment in the company made by entities associated with Billionaire Carl Icahn.
Headquartered in Sugar Land, Texas, CVI subsidiary and affiliated businesses include an independent refiner that operates a 115,000 barrel per day refinery in Coffeyville, Kan., and markets high value transportation fuels supplied to customers through tanker trucks and pipeline terminals, and a crude oil gathering system serving central Kansas, Oklahoma, western Missouri and southwest Nebraska. In addition, CVR Energy subsidiaries own a majority interest in and serve as the general partner of CVR Partners, LP, a producer of ammonia and urea ammonium nitrate, or UAN, fertilizers.
For more information about CVI please visit http://www.coffeyvillegroup.com
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Synutra International, Inc. (NASDAQ:SYUT)
SYUT announced today that the People's Government of Duchang County in Jiangxi Province concluded after product testing that the Company's infant formula products are compliant with all government safety standards. The tests were performed due to the incident involving the Jiangxi twins that the Company announced yesterday. The government also found that the death of the male infant and the illness of his twin sister were both not due to food poisoning or related to food.
SYUT is a leading infant formula company in China. It principally produces, markets and sells its products through its operating subsidiaries under the "Shengyuan" or "Synutra" name, together with other complementary brands. It focuses on selling premium infant formula products, which are supplemented by more affordable infant formulas targeting the mass market as well as other nutritional products and ingredients. It sells its products through an extensive nationwide sales and distribution network covering all provinces and provincial-level municipalities in mainland China. As of September 30, 2011, this network comprised over 670 independent distributors and over 900 independent sub-distributors who sell Synutra products in over 72,000 retail outlets.
For more information about SYUT please visit http://www.synutra.com
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Georgia Gulf Corporation (NYSE:GGC)
According to reports, Westlake Chemical has disclosed an unsolicited offer to acquire Georgia Gulf Corporation - symbol GGC - for about $1.03 billion or $30 per share in cash.
GGC is a leading integrated North American manufacturer of two chemical lines, chlorovinyls and aromatics, and manufactures vinyl-based building and home improvement products. The company's vinyl-based building and home improvement products, marketed under Royal Group and Exterior Portfolio brands, include window and door profiles, mouldings, siding, pipe and pipe fittings, and deck, fence and rail products. Georgia Gulf, headquartered in Atlanta, Ga., has manufacturing facilities located throughout North America to provide industry-leading service to customers.
For more information about GGC please visit http://www.ggc.com
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