The planned merger between Mitsui Chemicals Inc and Sumitomo Chemical Co, (approved on December 16) has been abandoned.
In press releases issued by both companies, they stated that they had not reached an agreement re...
Following the completion of their acquisition of Hydro’s 50% share in their joint venture, VAW-IMCO, IMCO Recycling have announced their intention to grow their international operations.
IMCO will pay Hydro Alum...
Through their subsidiary Nucor Steel Kingman LLC, Nucor have acquired the assets of North Star Steel’s, Kingman, Arizona, USA plant. The purchase price for the assets was US$35 million.
The plant included a melt...
MIM, through their wholly owned subsidiary Carpentaria Gold, have completed the 100% acquisition of the Ravenswood joint venture gold operation.
The Ravenswood joint venture located at Ravenswood in North Queensland (...
In early 2000, Timken implemented a plan to transform their company. This meant that all production facilities were to be made more profitable and competitive. They expect these changes to reduce costs by $120 million pe...
Embattled aluminium producer Columbia Falls Aluminum is facing a new dilemma after having told its staff that 175 of the 340 staff would be laid off last week. Apart from trying to retain skilled staff, they now have to ...
Finnish-based Uponor Oyj, a leader in the field of housing and environmental technology have just sold their US-based municipal water and sewer pipe systems subsidiary to PW Eagle. The subsidiary known as Uponor ETI Co, ...
International Steel Group (ISG) have signed an asset purchase agreement to acquire substantially all of the assets of bankrupt Bethlehem Steel.
The agreement which was agreed to in principle in early February, covers...
Curtiss-Wright, a US-based manufacturer of motion and flow control applications and supplier of heat treating services, has just acquired certain assets of Advanced Materials Process Corporation (AMP).
Curtiss-Wright ...
Following a poor year in 2002 and an aborted merger with Brazilian steel maker CSN, Corus are trying to fast track the sale of their aluminium business to Pechiney.
The sale which was announced back on October 24 has ...
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