New York, April 11, 2016 -- Moody's Investors Service, ("Moody's") changed the outlook for ASP Emerald Holdings, LLC ("Emerald"), to stable from negative as a result of a decline in leverage and improved performance. Moody's also affirmed the ratings of Emerald, including the Corporate Family Rating at B2 as well as the B1 and Caa1 ratings of Emerald Performance Materials LLC, first and second lien credit facilities, respectively.

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