Examples of Eco Services in a sentence
In May 2015, upon further evaluation of its investments in Eco Services and PQ Holdings, CCMP believed that it would be potentially beneficial to the equity holders of both Eco Services and PQ Holdings if the companies were combined (the “Proposed Business Combination”).
CCMP and INEOS developed a business plan in September 2014 to grow PQ Holdings as a stand-alone business and the CCMP Entities communicated this business plan and potential exit strategies, none of which involved a combination with Eco Services, to their limited partners through May 2015.
Loan Party Depository Institution Type of Account Account Number PQ Corporation Potters Industries, LLC Eco Services Operations Corp.
As part of the acquisition by Eco Services Operations LLC of substantially all of the assets of Solvay USA Inc.’s sulfuric acid refining business unit on December 1, 2014 (the “2014 Acquisition”), we recognized a liability as part of business combination accounting related to our obligation to serve a customer under a pre-existing unfavorable supply agreement.
Response to Comment 11: The Company supplementally advises the Staff that investment funds affiliated with CCMP (the “CCMP Entities”) entered into an agreement in July 2014 to purchase Solvay USA Inc.’s Eco Services business unit (“Eco Services”) through the acquisition (the “Eco Acquisition”) of an approximate 95% equity interest in Eco Services Group Holdings LLC (“Eco”).
The Eco Acquisition was consummated in December 2014 and was financed, in part, using the proceeds from indebtedness incurred by Eco Services Operations LLC.
In addition, the Company believes that instruction 3 to Item 304(a) of Regulation S-K provides further support for the Company’s conclusion that disclosure under Item 304 is not required since Eco Services Operations LLC was not subject to the filing requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, when it was acquired by the Company in the Business Combination.
Xxxxxxxxx Title: Secretary and Vice President CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent By: Name: Title: By: Name: Title: EXHIBIT A SUBSIDIARY PARTIES Eco Services Operations Corp.
Prior to the Business Combination, Deloitte & Touche LLP (“Deloitte”) was engaged by Eco Services Operations LLC to audit its financial statements and PricewaterhouseCoopers LLP (“PwC”) was engaged by PQ Holdings Inc.
Xxxxxxxxx Title: Secretary and Vice President CITIBANK, N.A., as Administrative Agent By: Name: Title: By: Name: Title: EXHIBIT A SUBSIDIARY PARTIES Eco Services Operations Corp.