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RHI divests itself of US companies due to asbestos, capital restructuring agreed with core banks

In view of the soaring number of asbestos claims, the RHI AG management has decided to discontinue financing the operational restructuring of US participatory interests and to put all companies comprised in the RHI Refractories Holding Company up for sale. As a result, this step will avert any further financial strain to RHI AG from […]

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RHI Tochtergesellschaft NARCO meldet in den USA Chapter 11- Verfahren an

North American Refractories Company Inc. (NARCO), eine US-amerikanische Gesellschaft des RHI-Konzerns, hat am 4. Januar 2002 Gläubigerschutz gemäß Chapter 11 beantragt. NARCO produziert in den USA in vier Werken Feuerfestmaterialien insbesondere für die nordamerikanische Stahlindustrie und beschäftigt etwa 800 Mitarbeiter. NARCO wurde von Didier-Werke AG 1986 erworben, dabei wurden mit dem Verkäufer vertragliche Regelungen hinsichtlich […]

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RHI subsidiary NARCO files Chapter 11 in USA

North American Refractories Company Inc. (NARCO), a US member of the RHI group, filed for bankruptcy protection under Chapter 11 on 4 January 2002. NARCO produces refractory materials in four plants located in the US, catering especially to the North American steel industry, and employs some 800 people. Didier-Werke AG acquired NARCO in 1986, making […]

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