PVC Prices Rise in February

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PVC Prices Rise in February - Plastics News (March 15) reports PVC prices are up 2 cents/lb since February 1st while PE is up 3 c/lb since January 1st. PVC manufacturers are trying for a 2c/lb increase on each of 1 March and 1 April. PE manufacturers will try for 4 c/lb in early February but ChevronPhillips went for 2c/lb on HDPE for mid February. Dow then changed to 2c/lb for HDPE and 4c/lb for other PEs for 1 March. These are 5 to 10% increases. 3/18/02 Plastics News (March 18) reports PVC prices are up 2 cents/lb since February 1st. PS has increased 3c/lb. Although sales of PP were up 4% in 2001 compared to 2000, sales of fibers and filaments decreased by 7%. PS sales were down almost 7% in 2001.

GSE Announces its 4th Quarter & Year End Results

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Gundle/SLT Environmental, Inc Announces Fourth Quarter and Year-End 2001 Results - GSE today announced earnings of $550,000, or $.05 per share, for the quarter ended December 31, 2001, compared to a net loss of $600,000, or $.05 per share for the same period in 2000. Revenues for the fourth quarter of 2001 were $45.5 million, compared to $44.1 million for the fourth quarter of 2000.

Layfield Geosynthetics expands into California – Brad Miller chosen to head division

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SEATTLE, WA, January 29 / 2002 — Layfield Geosynthetics & Industrial Fabrics Ltd., a North American Geosynthetics Manufacturer, announces its expansion into California and the South Western United States. Layfield is also pleased to announce the recruitment of Mr. Brad Miller as the company’s Business Development Manager for the US Southwest region.

Gundle/SLT Environmental Completes Acquisition of Serrot International

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Gundle/SLT Environmental Completes Acquisition of Serrot International, Houston, Feb. 5/PRNewswire-FirstCall/ GSE today announced the closing of its acquisition of Serrot International, Inc. from Waste Management, Inc. Both GSE and SII are international providers of geomembrane liner systems used in landfills, mining, and industrial applications. In connection with the acquisition, GSE has entered into a 5-year contract to supply Waste Management with good and services

GSE announces purchase of Serott

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HOUSTON, Jan. 23 /PRNewswire-FirstCall/ -- Gundle/SLT Environmental, Inc. (NYSE: GSE) announced today that it has agreed to acquire the stock of Serrot International, Inc. (SII) from Waste Management, Inc. (NYSE: WMI) (WMI) for $30 million. Closing of the acquisition is expected to take place in the next few days.

December GRI conference and GMA geomembrane Task Group Update

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Approximately 180 people attended the 15th GRI Conference on Hot Topics in Geosynthetics - II and a large number of associated meetings, in Houston, TX in mid December 2001.

GSA News Update

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Update - It is understood that the PP deal with Firestone will be completed at the end of January. Also we reported that Daelim (Korea) was closing their HDPE geomembrane manufacturing line - this was not correct. We now understand that they have stopped producing HDPE geomembrane resin but that geomembrane is still being made using other manufacturer's resin.

I-Corp International is now represented on the West Coast

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I-Corp International and Larry Well, retired CH2M-Hill in-house geosynthetics specialist, have recently worked together on a number of liner leak location surveys (including a GCL-only liner) and one failure analysis project, in the northwest USA. This liaison strengthens I-Corp's geosynthetic materials performance and nondestructive testing expertise particularly in GCLs and the soils adjacent to geosynthetics. Contact Larry at larry@geosynthetic.com or (503) 297-2116 or through Ian Peggs at icorp@geosynthetic.com or (561) 369-0795.

A little information about Steel Dragon Enterprise Co, Ltd.

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Founded in 1994, Steel Dragon Enterprise Co, Ltd. brings together over 50 years of combined experience in the geosynthetic industry. A Sino-American operated business venture, with American based management, our corporate offices are located in Taipei, Taiwan. Learn more here.;

Geofoam Used for Kentucky Locks Addition

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The Kentucky Locks Addition story began when the United States Army Corps of Engineers, in conjunction with the Tennessee Valley Authority, recommended an additional lock be built adjacent to the existing lock located at river mile 22.4 on the Tennessee River, at Kentucky Lake Dam, in western Kentucky. US62/641 and a section of the P&L Railroad currently carry vehicular and rail traffic across the crest of the earthen Kentucky Lake Dam. The roadway and railroad will require relocation to the downstream side of the dam in order to expand the lock.