amatex

All we had to do was plant the Amatex under the hull and get the hell out of the way.

Amatex's reorganization plan is also partly modeled on Manville's.

Fillings could be Amatex, Amatol, Minol, RDX and others.

Others, including UNR Industries, Amatex and Nicolet, are trying to set up trust funds based on the Manville model or are liquidating.

Although the dollar amounts are not yet settled, Amatex has agreed with creditors to create two trust funds like Manville's, one for personal-injury claimants and one for property damage.

The Amatex Corporation, a privately held manufacturer of fire-resistant textiles, said it had emerged from bankruptcy and that independent trust funds had been established to handle all asbestos claims against the company.

That is already happening to other producers of asbestos products that filed for protection from creditors under Chapter 11 of the Bankruptcy Code, such as UNR Industries and the Amatex Corporation.

Hawke, in fact, had helped develop the four-man midget submarines that in 1943 had slipped submerged into a Norwegian fjord and dropped delayed-action Amatex explosives under the hull of the German battleship Tirpitz.

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 had declared bankruptcy.