LINWOOD, Pa. (Oct. 21)—Foamex International Inc. said it expects to report a net loss for the third quarter primarily because of raw material price increases "of an unprecedented magnitude." Foamex did not disclose what it believes its loss will be. Foamex obtained a waiver from its bank lenders for the period Sept. 20 through Nov. 30. The polyurethane and polymer foam producer is in discussions with its bank lenders to amend its financial covenants and hopes to receive the necessary covenant amendments by Nov. 30.
Foamex expects to report third-quarter loss
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