Amcor have announced that they have reached an agreement to purchase the healthcare flexibles business of Rexam for $330 million. The transaction is expected to be completed in October.
The purchase involves ten plant...
Mitsui Chemicals and Sumitomo Chemicals will dissolve their Sumitomo Mitsui Polyolefins Co., joint venture on October 1.
The joint venture formed in 2002 had capacity to produce 1.33 million tonnes of polyethylene and...
AK Steel’s subsidiary AK Tube LLC has completed its acquisition of Central Tubing Facility (CTF). CTF was purchased from ArvinMeritor for about $67million.
The purchase agreement included a multi-year supply agr...
Following Slater Steel’s decision to restructure under Chapter 11 Bankruptcy protection, followed by a net loss of $44 to $50 million in Q2 2003, they will undertake a significant restructure of their stainless bar...
Chemcraft Holdings of North Carolina (USA) have signed a letter of intent to acquire Polymer Solutions Inc of California, USA.
Under the agreement, Chemcraft will acquire 100% of the issued and outstanding stock in Po...
Following a steep rise in the price of aluminium, the London Metals Exchange (LME), the worlds largest non-ferrous metals market, is investigating the possibility that traders were colluding to drive the price up.
The...
After 32 months of restructuring under Chapter 11 bankruptcy protection, Wheeling Pittsburgh Steel Corp. (WPSC) have emerged, ready to move forward.
WPSC have secured new financing and have just ratified a new labour ...
International Steel Group, The USA’s second largest steel manufacturer intend to launch an IPO in the near future. In doing so they hope to raise $250 million to pay down debt due to their $1.5 billion acquisition ...
The American Iron and Steel Institute’s merger with the Iron and Steel Society has been overwhelmingly approved by members of both organisations.
Both organisations held meetings to vote on the merger, with 97.7...
In an announcement made today, Bemis have decided to terminate their $420million sale of their Pressure Sensitive Materials business to UPM-Kymmene, after the Department of Justice filed a complaint and got an injunction...
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