What happened to plibrico refractories? For the past two decades, the company has consistently ranked as one of the top three producers of monolithic refractories in the United States. However, to the company’s detriment, legal claims stemming from Plibrico’s use of asbestos forced the company into bankruptcy as it faced asbestos lawsuits.Does plibrico have asbestos in its products? Plibrico added asbestos to several of its products, including boiler coating and insulating cement. Company employees who manufactured these products were directly exposed to asbestos fibers, which are known to cause cancers such as mesothelioma and lung cancer.What is the plibrico 524g trust? In 2002, the company declared Chapter 11 bankruptcy. It emerged from bankruptcy four years later and established the Plibrico 524 (g) Trust, also known as the Plibrico Asbestos Trust. The trust is designed to deal with future asbestos claims against the company.Who is the founder of the pliable brick company? It was founded by W.A.L. Schaeffer and was originally known as the Pliable Brick Company. Schaeffer recognized the fact that refractory lined vessels of the early 20th century increased in complexity. He understood that production of brick linings would benefit from onsite fittings to the equipment.