Neah Power’s patent pending micro fuel cell technology received another boost today with their announcement that Intel Capital had joined their growing list of investors.
Neah Power are working on a micro fuel c...
Following the board of directors meeting, it was announced that Bethlehem Steel would sell substantially all of its assets to International Steel Group. The deal is expected to be finalised some time in the second quarte...
The Federal Court if Australia has approved the shareholder meeting to vote on the demerger proposal for CSR. Following this, CSR has announced that they will be taking the proposal to its shareholders for approval.
T...
The US Bankruptcy Court has approved AK Steel’s bid to be recognised as the lead bidder to acquire substantially all the assets of National Steel Corporation.
Under the terms of the Asset Purchase Agreement (APA...
The tale of woe continues for the US steel industry with yet another company filing for chapter 11 bankruptcy under the US Bankruptcy Code. The latest victim is Kentucky Electric Steel.
The announcement of their petit...
German chemical manufacturer Hoechst has agreed to plead guilty and pay a $12 million fine for conspiring to fix prices for monochloroacetic acid between 1995 and 1997.
Monochloroacetic acid is used in plastic additiv...
Bethlehem Steel have agreed in principal to terms with International Steel Group (ISG) for the sale of substantially all of their assets.
The agreement is still subject to approval by the board, regulatory bodies such...
BASF have just increased the output of two of its operations.
Production capacity of their Ulsan/Korea polytetrahydrofuran (PolyTHF) plant has been boosted from 30,000 tons per year to 40,000 tons per year by debottle...
Dupont Textile and Interiors has signed a letter if intent to purchase Vicunha’s share of their joint venture.
Fibra Dupont, the joint venture between DuPont and Vicunha was established in 1994 is the large...
Since first being unveiled as a concept car in Paris in 2000, the Porsche Carrera GT has been aimed purely at the likes of Ferrari and Lamborghini. The new Porsche which will be unveiled at the Geneva Motor Show in March...
Steel Dynamics have just reached an agreement to purchase the assets of GalvPro in Jeffersonville, Indiana, USA.
This facility has the ability to process up to 350,000 tonnes per year of light gauge hot dipped cold ro...
Simula have just received another order for Small Arms Protective Inserts (SAPI) body armour panels from the US Marine Corps. The new order has a value of $3.1 million and is scheduled for delivery in the second quarter ...
UCB have just received approval from the European Commission and have completed their acquisition of Solutia’s specialty Chemicals division for US$500 million. This follows on from the US Federal Trade Commission a...
Vulcan Electric have announced the completion of their acquisition of General Measurement Co.
Vulcan Electric are a designer and manufacturer of industrial and commercial electric heating elements, temperature control...
National Steel have announced that they have signed an agreement to sell all of their steel making and finishing assets to AK Steel for $1.125 billion. This sale price includes $925 million in cash and approximately $200...
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