Sentence examples for fibers unit from inspiring English sources

The DuPont Company agreed to reduce the price of the Invista synthetic fibers unit it is selling to Koch Industries by 4.5percentto to $4.2 billion, and speed completion of the sale.

The Netherlands' biggest chemical maker, Akzo Nobel, said its first-quarter profit rose 30percentt as it dropped an unprofitable fibers unit and benefited from demand for the antidepressant Remeron.

Business, technology and wealth news: DuPont To Sell Fibers Unit To Koch For $4.4B.

Honeywell has thus far only taken the baby step of selling its performance fibers unit, whose products go into tires and ropes.

Among Eastman's operating segments are its CASPI (coatings, adhesives, specialty polymers and inks), Specialty Plastics (engineering polymers), and Fibers (acetate tow and textile fibers) units.

Sales fell 6.5percentto to $5.74 billion, after the company sold its Invista synthetic-fibers unit.

Lucent did announce earlier this month that it planned to sell its optical fiber unit, and that could raise enough money to satisfy S.&.P's concerns, Mr. Hyman said.

Mr. Slusser did say that the board granted Mr. Kozlowski and Mr. Swartz restricted shares or options related to the initial public offering of Tycom, its optical fiber unit, and a vesting of restricted shares associated with the company's investment in an undersea telecommunications company.

One possible target: the domestic fiber unit of Frontier Corp., the U.S. phone unit of moribund Global Crossing.

So maybe Lucent's first priority should have been to sell off the fiber unit when it was still valuable.

But analysts speculate that the credit extended to Lucent may have been contingent upon the promise to sell off its optical fiber unit, worth an estimated $4 billion to $8 billion.