In a continued effort to streamline operations, Eastman Chemicals has decided to close down its Altovar Ltd manufacturing plant, in Banbury, England. Manufacturing plants are to be consolidated and the plant in Kallo, Be...
A novel technology for the production of biological labels or biolabels has recently been patented by UK nanomaterials company, Oxonica. The technology will be used to produce phosphor materials, which characteristically...
US Steel has signed a letter of intent to sell its' mining assets currently held by US Steel Mining Company.
A new company under the control of Banjamin M Statler LLC or its affiliates and Natural Gas Partners is ...
Collaboration between scientists at DuPont and the University of North Carolina has resulted in a new processing technology for the manufacture of Teflon fluoropolymer.
The new technology differs from the existing tec...
In March 2001, Boeing reveled to the world that it planned to build a radical new passenger aircraft, named the Sonic Cruiser. The craft is designed to travel at speeds of up to Mach 0.98, significantly faster than curre...
Metals USA which filed for Chapter 11 reorganisation under the US Bankruptcy Code in November 2001 announced that it would be selling off 11 business units that did not form part of its core business. These follows on fr...
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...
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...
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...
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...
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...
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...
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...
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