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....
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...
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...
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....
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...
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.
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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...
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...
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...
Bayer have recently released Bayblend FR 3030, a flame retardant copolymer blend of polycarbonate and acrylonitrile butadiene (PC/ABS). This new product sets new standards in fire protection in fields such as electrical ...
Altair International and Ntera announced to day that they have filed a joint patent on lithium titanate spinel materials for rechargeable lithium ion batteries. It was also announced that the two party’s would cont...
AK Steel has launched AK Coatings, a spin off from the parent company and research and development to produce antimicrobial coated steel.
AK Coatings is offering a limited number of agreements to shop coaters, paint m...
Chemists at Bayer have succeeded in producing a waterproofing system for leather that requires no mineral salt containing fixing agents. Furthermore, the new product is claimed to exhibit good wear comfort, low water abs...
Bodycote International, the supplier of heat treatment, metallurgical coatings, HIP and materials testing products and services is set to restructure its business after a year of reduced profits. Poor performance was att...
It was announced today that NKK Steel and Kawasaki Steel have been involved with talks with German manufacturer ThyssenKtrupp Steel AG regarding automotive steel. Discussions commenced in April of 2001, between NKK Steel...
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