AMERICAN BILTRITE: Congoleum Unit Has $4.4M March 31 Liabilities

American Biltrite Inc.’s subsidiary, Congoleum Corporation, at both March 31, 2009 and Dec. 31, 2008, recorded a total of US$4.4 million for estimated environmental liabilities, which liabilities were not reduced by the amount of expected insurance recoveries.

At March 31, 2009…

AMERICAN BILTRITE: Cites $949T Environmental Expense at March 31

American Biltrite Inc.’s accrued expenses for environmental matters were US$949,000 as of March 31, 2009, compared with US$815,000 as of Dec. 31, 2008.

Potential remediation costs have been identified related to the Olin Corporation site in Wilmington, Mass. (Olin Site), and…