Materials Science News

RSS

FDA Approve Ceramic on Ceramic Hip Implants

The US Food and Drug Administration (FDA) have recently given their blessing to the first ceramic on ceramic hip implant. Hip implants or total hip replacements are used to replace hip joints in patients who have dise...

7 Mar 2003

Noranda to Build Electronics Recycling Facility in Canada

Noranda have just announced their intention to construct a state-of-the-art facility for recycling of electronic hardware. The proposed plant will be located in Brampton, Ontario in Canada and will result in $3 million w...

7 Mar 2003

DuPont Acquires Auto/Electrical Technology from Eastman

Dupont Engineering Polymers have acquired certain products of Eastman Chemical Company. The terms of the agreement have not been disclosed. The acquisition affects Eastman’s high performance crystalline plastics...

6 Mar 2003

Alcan to Acquire Baltek Corp

Alcan have entered into an agreement to acquire Baltek Corp for US$35 million. The proposal has been approved by the Baltek Board and Major shareholders. Alcan expects to close the deal some time in the second quarter...

6 Mar 2003

DuPont to Close Nylon Plant

Dupont have just signaled their intention to close their nylon resin compounding unit in Rozenburg, in the Netherlands. The closure will become effective some time in mid-2004 and will affect 80 employees. For more...

6 Mar 2003

Memry Sign Agreement with United States Surgical

Memry Corp, manufacturers of shape memory alloys have just signed a agreement with United States Surgical to manufacture and supply Nitinol-based specimen retrieval bags. The new agreement is an extension of a previous a...

5 Mar 2003

Bayer Sell JV and Close Another

Bayer and Degussa are to sell PolymerLatex, their 50:50 joint venture to Soros Private Equity Partners for 235 million Euros. PolymerLatex was founded in 1996 by Bayer and Degussa. It manufactures products in the pape...

5 Mar 2003

Wheeling-Pittsburgh Steel in Bankruptcy Limbo

The bankrupt Wheeling-Pittsburgh Steel had its $250 million package from the Federal Emergency Steel Loan Guarantee Board rejected last Friday. This loan had been seen as the companies saviour since it applied for bankru...

4 Mar 2003

Noveon Acquire Key Technologies and Assets of Flint Inks

Noveon have acquired key water-based overprint coatings technology and manufacturing assets from Flint Ink Corporation. These coatings are used in particular by the graphic arts industry. Flint Ink will continue to ma...

4 Mar 2003

Pacasmayo to Acquire Zemex Minerals

Industrial minerals producer Zemex have agreed to be acquired by Peruvian Cementos Pacasmayo S.A.A. Cementos Pacasmayo S.A.A. will pay US$8.80 per share, with the total purchase price estimated at US$100 million includin...

4 Mar 2003

3 Dead from Insulation Plant Explosion

The death toll from the explosion and ensuing fire at CTA Acoustics plant in Kentucky (USA) last week has risen to three. In addition, another 4 people remain in critical condition. In all 44 people were taken to hosp...

3 Mar 2003

Yulex Secure $2million Funding for Natural Rubber Alternative

Yulex have just secured $2 million in series B funding from Argonaut Private Equity. Yulex possess proprietary formulations that could help satisfy the need for a safe, cost effective and high performance latex for cr...

3 Mar 2003

Scrap Metal Dispute Leads to Mortar Fire

Two militias exchanged mortar fire for the second time this week, just north of the US Bagram Air Base in Afghanistan in a dispute over scrap metal. The dispute has escalated over an issue of who owes who money and wh...

28 Feb 2003

Boeing Donate Nanotechnology Patent to Vanderbilt University

Boeing have generously donated a nanotechnology patent to Vanderbilt University. The patent covers particle separation technology. While originally developed for space applications, it has been re-adapted for ground base...

28 Feb 2003

AK Steel Receives FTC Approval For Acquisition of National Steel

AK Steel has been notified by the Federal Trade Commission that antitrust agencies have closed the waiting period early, with regards to their proposed acquisition of National Steel. This moves them a step closer to acqu...

27 Feb 2003