Hydro has decided to exercise its right to acquire a 65 per cent interest in the Jamaican alumina refinery Alpart and sell this interest on to Switzerland based Glencore AG.
The deal will enhance value creation throug...
Oleg Deripaska’s holding company, Moscow-based Base Element, has sold its 50% stake in Urals Steel to Alisher Usmanov. Base Element’s cites unsatisfactory projections as the reason for divesting Urals Steel.
...
Following the recent meeting of Pannonplast’s Board of Directors, they have decided to close the Szombathely-based plant of Moldin Ltd., which has been making losses for a couple of years.
The loss of the Szomba...
Cree, Inc. today announced that Sumitomo Corporation has agreed to purchase $160 million of Cree’s light emitting diode (LED) products during Cree’s fiscal year ending June 2005, subject to end customer deman...
Eastman Kodak Company is introducing a technology that enables the creation of thin, flexible, lightweight displays. The flexible display technology has the potential for use in a number of retail and consumer applicatio...
Gemplus International S.A., the world's leading provider of smart card solutions, today announces a further step in the implementation of its global operational strategy, aimed at rationalising its manufacturing capa...
Cognis continues to streamline its product portfolio: the global specialty chemicals supplier today announced the sale of its PVC Stabilizers business, a segment of the Plastics Technology business unit. The buyer is a c...
Members of ISTC - The Community Union and the Knitwear, Footwear and Apparel Trades Union (KFAT) have voted overwhelmingly in favour of a merger between the two unions it was announced today. 83% (5 out of 6) of ISTC mem...
Noranda Inc. today announced that through a subsidiary of Noranda Finance of Nashville, Tennessee, it has agreed to acquire a 50%-interest in alumina refining and related bauxite mining assets from Kaiser Aluminum & ...
BlueScope Steel Limited today advised that, on the strength of its April result, it now expects its Net Profit After Tax (“NPAT”) for FY2004 to be approximately A$550 million, providing there is no material c...
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