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BP Open Self Reinforced Polypropylene Plant

BP have just opened their first large-scale self reinforced polypropylene composite (Curv TM) plant. The facility has been integrated into the BP fabrics and fibres division at Gronau in Germany. The plant will initia...

10 Apr 2002

$3 Million Funding to Help Commercialise Nanotechnology

Nanotechnology company NanoInk Inc has secured US$3 million in first round financing from Venture capital firms Galway Partners LLC and Lurie Investment Fund LLC. NanoInk offer technology that allows clients to easily...

9 Apr 2002

NSK and Timken to Establish Operation in China

Leading bearing manufacturers NSK and Timken Company are to form a joint venture and set up a manufacturing operation near Shanghai in China. Construction of the plant will commence later this year, with production due t...

From The Timken Co. 9 Apr 2002

NKK Opens PET Bottle Recycling Facility

NKK Steels’ subsidiary NK Kankyo Corp has recently opened its PET bottle recycling facility in Kawasaki, Japan.. The plant was installed at a cost of approximately 140,000,000 Yen. The plant has a capacity of pr...

5 Apr 2002

Degussa Divests Third Business This Year

Degussa’s plan to divest themselves of any non-core business is progressing well with a memorandum of understanding having been signed by Swiss Ameropa Holding AG and Agrofert Holding a.s. to purchase Degussa&rsquo...

5 Apr 2002

Mohawk Industries Complete Purchase of Dal-Tile

The acquisition of Dal-Tile International by Mohawk Industries is now complete. The merger of the two companies was approved back in November 0f 2001. Soon after, Dal-Tile also acquired Olean Tile Company, the second lar...

4 Apr 2002

Zemex to Acquire Resource Recovery Industries

The sale of the assets of bankrupt Resource Recovery Industries Inc (RRI) to Zemex Corp has been approved by the United States Bankruptcy court. This follows RRI filing for chapter 11 bankruptcy staus on January 7, 2002....

4 Apr 2002

Glencore to Purchase Vanalco's Aluminium Smelter

Swiss based Glencore International has agreed to buy the bankrupt Vanalco aluminium smelter in Vancouver for US$24.25 million, although no plans have been announced for the plant as yet. However, it has been speculated t...

3 Apr 2002

Ford to Sell Off Palladium Stockpiles

After losing over $1 billion on palladium, Ford is planning to sell some of its stockpile of the precious metal. Palladium is used in catalytic converters for automobiles and is also alloyed with other metals and used...

2 Apr 2002

Special Metals File for Voluntary Chapter 11 Re-Organisation

Difficult economic times and the events of September 11, have lead to Special Metals Corp. filing for voluntary Chapter 11 reorganisation under the US Bankruptcy Code. This covers the company and all of its subsidiaries....

2 Apr 2002

LG Philips to Close CDT Plant in Austria

LG Philips Displays today announced that it would close its colour display tube factory in Lebring, Austria. The closure has been brought about by a global downturn in the economy and a general decline in the IT indu...

29 Mar 2002

Polymer Production Expansion for Tiszai Vegyi Kombinat

Capital expenditure approval has just been granted by the board at Hungarian petrochemical producer, Tiszai Vegyi Kombinat (TVK) for a series of petrochemical development projects, with projects to start immediately. ...

28 Mar 2002

Nissho Iwai to Acquire Petroleum, Carbon, Iron Ore and Coke Businesses from Nichimen

It was announced today that Nissho Iwai would acquire the petroleum and carbon products as well the coal and iron ore branches of Nichimen Corporation. The acquisitions are part of a medium term strategy for growth fo...

28 Mar 2002

LTV Steel Assets Purchased and Production to Begin

The purchase of bankrupt LTV Steel has been approved, with WL Ross and Co LLC to acquire the flat rolled products plants at Cleveland, East Chicago and Hennepin as well as a coke plant in Ohio. The business will be ca...

27 Mar 2002

American Superconductor to undergo Restructure

American Superconductor today announced plans for a complete reorganisation of their business. The exercise will involve restructuring, consolidation and cost cutting. These activities will shift their focus from rese...

27 Mar 2002

Materials Science News

BP Open Self Reinforced Polypropylene Plant

$3 Million Funding to Help Commercialise Nanotechnology

NSK and Timken to Establish Operation in China

NKK Opens PET Bottle Recycling Facility

Degussa Divests Third Business This Year

Mohawk Industries Complete Purchase of Dal-Tile

Zemex to Acquire Resource Recovery Industries

Glencore to Purchase Vanalco's Aluminium Smelter

Ford to Sell Off Palladium Stockpiles

Special Metals File for Voluntary Chapter 11 Re-Organisation

LG Philips to Close CDT Plant in Austria

Polymer Production Expansion for Tiszai Vegyi Kombinat

Nissho Iwai to Acquire Petroleum, Carbon, Iron Ore and Coke Businesses from Nichimen

LTV Steel Assets Purchased and Production to Begin

American Superconductor to undergo Restructure

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