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Tianjin Tianchuang Runfeng Chemicals co., Ltd.
No. 151 Weiguo street,Hedong
District Tianjin,China
Tel:+86-22-60859909
Fax:+86-22-24512877
Link:
http://tcrfchem.en.alibaba.com
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| Chemicals distributor JLM bankrupt, shut |
| North America’s 10th largest chemicals distribution company, JLM Industries Inc. of Tampa, has closed because of the firm’s equity funding firm became insolvent and was forced to withdraw cash and credit. “In today's banking environment it was impossible for JLM to secure a new working capital line,” says Sean D. Macdonald, chairman, in a statement, so the firm declared bankruptcy and shut all domestic companies.JLM Industries had been in business for more than 20 years and had 2008 sales of $330 million and was No. 10 in the latest PurchasingTop 100 Chemicals Distributors listing with 30 million gallons of domestic storage in 275,000 square feet of warehouse and operated a fleet of 20 tankers and150 railcars. The firm also had merchant sales offices in Venezuela, Brazil, India, Spain, Turkey, Russia and China. |
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