Kobe Steel and Mitsubishi Materials have agreed to merge their copper tube businesses in Japan and South East Asia, thus forming a joint venture. The joint venture will take effect as of April 1.
Kobe Steel will own 5...
Bayou Steel has emerged from Chapter 11 Bankruptcy in a US$75million plan for re-organisation, satisfying all conditions set down by the bankruptcy court.
Under the proposed scheme, the steel producer will continue to...
It was announced on January 30, that Slater Steel (while operating under Chapter 11 Bankruptcy since June, 2003) had agreed to sell its Sorel Forge subsidiary to Tricap restructuring Fund for an undisclosed amount.
Ho...
Alcoa has confirmed that it has sold its 10 percent stake in the Alscon smelter in Ikot Abasi, Nigeria to the Federal Government of Nigeria. Alcoa assumed the stake as part of its acquisition of Reynolds Metals. Terms of...
DuPont today announced that it has acquired Retrim, a safetyglass interlayer company, with plant operations in Zlin, Czech Republic. Terms were not disclosed. DuPont said Czech Republic government regulatory approval was...
United Defence Industries is going to buy one of its suppliers, Cercom, a supplier of ceramic armour products.
The acquisition price was not revealed, while the transaction is expected to be completed by the end of th...
Showa Denko have signed a Memorandum of Understanding (MOU) with hard disk manufacturer Trace Storage Technology of Taiwan. Under the agreement, Showa Denko is looking to acquire shares in Trace and thereby become a join...
The Board of BlueScope Steel Limited, Australia’s leading steel company, has approved the construction of a major new flat steel metallic coating and painting facility in Suzhou Industrial Park in China’s Jia...
Allegheny Technologies Incorporated (ATI) announced on the 17th February 2004 that an Asset Purchase Agreement has been signed with Arcelor and J&L Specialty Steel, LLC under which a wholly owned ATI subsidiary will ...
The Finnish smart card and security printing company Setec together with its Danish associated company Setec Danmark A/S are to manufacture the world’s first passports according to the new specifications of the Int...
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