Polymer Group Inc, have announced that the company’s Joint Second Amended Modified Plan of reorganisation has been approved by the US Bankruptcy Court.
The plan for Chapter 11 Bankruptcy was approved by creditor...
Placer Dome, through its wholly owned subsidiary Placer Dome Asia Pacific Ltd have completed the acquisition of Aurion Gold.
Aurion Gold is now owned 100% by Placer Dome, with the acquisition being concluded on Decemb...
Slater Steel have successfully recommissioned their recently acquired rolling mill facility, Slater Lemont in Illinois, USA.
The plant has been idle since February 2001, and Slater intend to commence trials on various...
Ausmelt have just signed a contract to construct a seventh furnace for Korea Zinc, the world’s largest manufacturer of zinc metal.
They will use the furnace to treat copper secondary materials and to recover cop...
Following the press release of late November, Alcan have signed a definitive agreement with Norsk Hydro to purchase VAW Packaging (FlexPac). They expect to gain approvals for the acquisition during the first half of 2003...
Simula have been granted a patent for their latest body armour design. Their light weight design offers the wearer protection from handgun attacks.
The soft design, utilises Simula’s ballistic fabric architectur...
SGL Carbon intend to lodge a second appeal against the European Commission fine of 27.75 million Euro fine imposed on them following an investigation into the graphite industry.
The investigations which have been ongo...
Japan’s Fair Trade Commission have approved the merger between Sumitomo Chemical Co and Mitsui Chemicals Inc, with certain conditions. The merger will create the worlds fifth largest chemical company and Japan&rsqu...
LG Chem, Korea’s largest chemical company have just become the third largest producer of Acrylonitrile Butadiene Styrene (ABS) after completing expansions to both Korean and Chinese operations. They now boast an AB...
DuPont and Universal Display Corporation (UDC) have agreed to jointly develop a new generation of soluble Organic Light Emitting Diode (OLED) materials and technologies.
They intend to combine the ground breaking work...
3M have completed their acquisition of Corning Precision Lens Inc. Cincinnati based Corning Precision Lens are the largest producer of lens systems for rear projection televisions in the world.
Corning Precision Lens ...
It was announced today that Noranda will postpone plans to development of the Perseverance Zinc deposit located near Matagami, Quebec, Canada.
Noranda have sighted depressed zinc prices and their current finacial situ...
In a move that will see DSM Composite Resins position themselves for further growth into the Chinese market, they have acquired a further 25% stake in their joint venture with Sinopec Jinling Petrochemical Corp. This tak...
Kobe Steel plans to take an equity stake in the US secondary steel processor, Grand Blanc Processing LLC.
They are making this move to position themselves such that they will be able to strengthen their ability to su...
MIM Holdings have just submitted a proposal to trade unions regarding the closure of Brittania Zinc, their subsidiary located in Avonmouth, UK.
During the next 90 days, they will look at alternatives to closing the pl...
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