It was announced to day that Nucor, America’s second largest steel manufacturer had entered into an exclusive, but non-binding agreement to purchase Birmingham Steel for $615 million. This follows an offer from Nuc...
Chinese tin manufacturer Yunan Tin corporation Limited (YTCL) announced that they their plant has achieved full capacity, only one month after its maiden heat-up.
The plant which uses Ausmelt’s top submerged lan...
ZCL Composites, a Canadian manufacturer of liquid storage tanks has just completed its acquisition of Mocoat Services, also based in Canada. The purchase cost ZCL US$1.25 million, with the final part of the transaction t...
Olin Corp, manufacturers of copper and copper alloys, have just entered into an agreement to merge with Chase Industries. Chase are a leading producer of brass rod and will become a wholly owned subsidiary of Olin when t...
It was announced today that Druck Holdings will be acquired by GE Industrial Systems, a division of General Electric Company.
Established in 1972, Druck manufacture precision pressure sensors and instrumentation, spec...
BHP Billiton has taken another step towards its goal of concentrating on minerals and petroleum by announcing that they will demerge BHP Steel.
The demerger will involve the offering of no less than 54 million shares ...
Troubled US steel manufacturer, Birmingham Steel could merge with one of a number of companies in the near future it has been revealed.
One contender is competitor Nucor who offered US$500 million for the company back...
Sunoco Inc intends to shut one of its polypropylene lines at La Porte, Texas in the third quarter of 2002. The closure has been deemed necessary as this line is inefficient compared to other plants and does not offer the...
Solvay today completed there acquisition of the Edison and Longside International, fluorinated specialties group, Ausimont. The purchase was Solvay’s largest to date, costing them 1.3 billion Euros.
The addition...
New Zealand based Nuplex Industries, via its wholly owned Australian subsidiary Nuplex Operations (Aust) Pty. Ltd. have made a US$25million take over bid for Australian, Asian Pacific Specialty Chemicals (APSC). Nuplex’s...
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