Australian Magnesium Corp have signed a memorandum of understanding to work with Johnson Controls, one of the world largest leading suppliers of automotive systems.
Under the terms of the agreement the pair will work ...
Collins Aikman have just purchased Textron Systems 50% share in their Italian joint venture for $15 million.
The joint venture was set up to manufacture interior and exterior automotive trim components.
The purchas...
SGL Carbon has just won a contract to supply Australian Magnesium Organisation with corrosion protection equipment for their plant in Stanwell, Australia.
The supply contract worth 27 million euros is the largest cont...
Austrian-based Plansee have expanded its north American market presence by acquiring Polese Co., based in California, USA.
Plansee acquired 100% of the shares of Polese for an undisclosed sum via its affiliate Schwarzko...
As part of its ongoing plan to streamline its portfolio, SGL Carbon have divested SGL Pantrac GmbH, its German business that deals with electrical contacts for trains, trams and electric motors.
The business was acqui...
A memorandum of understanding has been signed by the directors of their respective companies regarding the acquisition of Constab Additive Polymers by Kafrit International.
The acquisition will involve all the manufac...
Over the past 8 months Simula have signed off on 14 strategic partnerships and technology licenses. These include marketing and development, exclusive supply and technology licensing agreements.
These agreements offer...
Praxair have just opened their new metals fabrication laboratory in Tonawanda, New York, USA.
The new facility will house:
Manual, automated and robotic welding systems
New technology power supplies
Shieldin...
The installation of a 9kV solar electricity system marks the first solar electric installation on White House grounds in its history.
The photovoltaic system will be for the benefit of the National Park Service and un...
Reliance Steel and Aluminum Co have expanded operations into Europe and opened a facility on the Aeropole site in Gosselies, Belgium, through their subsidiary AMI Metals Inc.
The new facility will allow AMI Metals to...
DuPont Titanium Technologies have just signed an agreement with Bemax Resources which gives them exclusive purchasing rights to zircon derived from Bemax’s Ginkgo deposit in the Pooncarie Mineral Sands Project in A...
Sumitomo Chemical and Shell Chemicals have just signed a letter of intent to carry out a joint feasibility study with the aim of building a new ethylene plant in Singapore.
At the same time, Sumitomo will embark on it...
PolyOne a global polymer services company announced today that it would be reducing its workforce by about 5% in a effort to reduce costs.
The reductions will come primarily from North America and will consist of 400 ...
BASF have entered into a definitive agreement with Honeywell to purchase their worldwide engineering plastics businesses. In a linked agreement, BASF have also agreed to sell their worldwide nylon fibres businesses to Ho...
Just four months after it began its racing career, 90 foot maxi, Alfa Romeo took line honours and recorded the second fastest time ever in the Rolex Sydney to Hobart yacht race which started on Boxing Day 2002. Weather c...
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