AK Steel announced today that it has signed an agreement to sell its wholly-owned subsidiary, Douglas Dynamics, LLC to DDL Acquisition Corporation, formed by Aurora Capital Group of Los Angeles. Douglas Dynamics is one o...
Steel giant LNM have been granted exclusive rights to negotiate for the privatization of certain assets of steel company Huta Czestochowa SA (HCz) and the shares of Huta Stali Czestochowa Sp z.o.o by the State Treasury o...
Tosoh have increased their share in the Philippine’s top PVC manufacturer, Philippine Resin Industries Inc. They accomplished this by acquiring 30% of the outstanding shares from Mitsubishi Corp., taking their shar...
Leading developer of polymer photovoltaic products, Konarka Technologies has licensed certain intellectual property from DuPont Electronic and Communication Technologies to compliment Konarka’s ongoing photovoltaic...
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...
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