The investment report on Georgia Gulf (NYSE:GGC) should be of particular interest to other chemicals firms: Olin Corp. (NYSE:OLN), PPG Industries Inc. (NYSE:PPG), Westlake Chemical Corp. (NYSE:WLK) and Cabot Corp. (NYSE:CBT).

It is available at: http://www.stockpreacher.com/n/GGC

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Georgia Gulf Corp. (GGC) manufactures and markets chlorovinyls and aromatics chemicals, and vinyl-based building and home improvement products in the United States and internationally. The Company operates through four segments: Chlorovinyls, Window and Door Profiles and Mouldings Products, Outdoor Building Products, and Aromatics.

In the report, the analyst notes:

"The slowdown in the housing and construction market proved to have a negative impact on GGC's sales. All of the Company's reportable segments posted decline for the quarter ended June 30, 2009...However, the Company stated that it has taken aggressive steps to reduce costs during the last 18 months and these actions largely offset the impact of weak economic conditions in the second quarter.

"Positioned for long-term growth in its chemicals and building products businesses, the Company recently announced significant financial restructuring milestones. On July 29, the Company reported that approximately $726 million of aggregate principal amount of notes, together with the Company's obligations for accrued interest under such notes, were extinguished in settlement of the exchange offers in exchange for shares of common and convertible preferred stock. The Company has also announced a long-term bank amendment providing adjusted covenants until the end of 2011."

To read the entire report visit: http://www.stockpreacher.com/n/GGC

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