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In the late 19th century and early 20th century, asbestos was considered an ideal material for use in the construction industry. It was known to be an excellent fire retardant, to have high electrical resistance, and was inexpensive and easy to use.
USG once again declared bankruptcy on June 25, 2001, under Chapter 11 to manage the growing asbestos litigation costs. USG was the eighth company in an 18-month period that was forced to utilize Chapter 11 to resolve asbestos claims. In the prior two decades, 27 companies filed for protection under Chapter 11 because of asbestos litigation.
Asbestos (/ æ s ˈ b ɛ s t ə s, æ z-,-t ɒ s / ass-BES-təs, az-, -toss) [1] is a group of naturally occurring, toxic, carcinogenic and fibrous silicate minerals.There are six types, all of which are composed of long and thin fibrous crystals, each fibre (particulate with length substantially greater than width) [2] being composed of many microscopic "fibrils" that can be released into ...
The EPA banned asbestos in 1989, but the rule was largely overturned by a 1991 Court of Appeals decision that weakened the EPA’s authority under TSCA to address risks to human health from ...
However, the new rules can allow up to a dozen years to phase out the use of chrysotile asbestos in some manufacturing facilities. [26] The long phase-out period was a result of a strong lobby by Olin Corporation , a major chemical manufacturer, as well as trade groups like the U.S. Chamber of Commerce and the American Chemistry Council .
Asbestos litigation is the longest, most expensive mass tort in U.S. history, involving more than 8,000 defendants and 700,000 claimants. [1] By the early 1990s, "more than half of the 25 largest asbestos manufacturers in the US, including Amatex, Carey-Canada, Celotex, Eagle-Picher, Forty-Eight Insulations, Manville Corporation, National Gypsum, Standard Insulation, Unarco, and UNR Industries ...
Asbestos insulating board (AIB), also known by the trade names Asbestolux and Turnabestos, is an asbestos-containing board formerly used in construction for its fire resistance and insulating properties. [1] These boards were commonly used in the United Kingdom from the 1950s until production ended in 1980.
In construction, asbestos abatement is a set of procedures designed to control the release of asbestos fibers from asbestos-containing materials. [1] Asbestos abatement is utilized during general construction in areas containing asbestos materials, particularly when those materials are being removed, encapsulated, or repaired.