Arian Silver Corporation ("Arian" or the "Company"), a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, is pleased to announce that further to the Company's news release of 23 August 2013, the Company has successfully completed its private placement debt financing (the "Private Placement") in the principal amount of US$15,585,000 consisting of a senior secured convertible note (the "Note") and has, upon completion of the financing, completed the purchase of a processing plant with a capacity to treat up to 1,500 tonnes per day of silver-lead-zinc ore at a cost of US $3.12 million, as previously reported.
The transaction to combine Norsk Hydro ASA's Extruded Products business area and Orkla ASA's Sapa into a 50/50 joint venture has been completed as planned. Sapa, the new global leader in extruded aluminium solutions, was established on September 1.
AkzoNobel today announced plans to phase out the production of organic peroxides at its site in Deventer, the Netherlands by the end of 2016. Under the plans, the production activities currently carried out in Deventer will be moved to other existing production facilities in Europe, North America, and China over the next 3 years. The intention to stop production in Deventer will impact approximately 215 employees at the site.
Synalloy Corporation, a growth oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, specialty chemicals and fabrication of stainless and carbon piping systems, announces the acquisition of the business assets of Color Resources, LLC ("CRI") and the building and land located in Fountain Inn, South Carolina where CRI was the sole tenant (the "CRI Facility").
Toshiba Corporation today announced that its Thai-based Group company, Toshiba Semiconductor (Thailand) Co., Ltd.(TST), has completed its relocation to a new semiconductor manufacturing facility and started mass production, marking the company's full recovery from the devastating flooding of 2011.
BASF announced that it has appointed Archway Sales Inc., as a distributor for polyurethane chemicals to the Coatings, Adhesives & Binders, Sealants and Elastomers (CASE) market in the Ohio valley. Effective January 1, 2014, Archway will be a national distributor for the CASE market.
Tennessee Governor Bill Haslam, U.S. Senator Lamar Alexander, Congressman John Duncan and other local and state officials joined Alcoa Chairman and CEO Klaus Kleinfeld today to break ground on a $275 million expansion of Alcoa’s Tennessee Operations to meet growing aluminum demand for auto production. Aluminum, already the number two material used to build cars, is expected to nearly double by 2025.
Huntsman Corporation announced today that it has completed the acquisition of the business of Oxid L.P., a manufacturer and marketer of specialty urethane polyols in Houston, Texas, for an amount of up to $75 million. Oxid generated $86 million of revenue in 2012.
Flextronics, a leading global supply chain solutions company, and RIWISA AG, a privately held and family-owned, leading provider of high volume, high precision, injection molding and automation solutions based in Switzerland, announced that they have entered into a definitive agreement whereby Flextronics will acquire RIWISA.
The Helsinki ceramics factory has a key role as a center of ceramics expertise and the development of ceramic products in Fiskars Group. It is now planned that operations at the factory will focus on flat products – plates and saucers – as well as manufacturing small ceramic series. Forming through jiggering and hand-made decorating would be contracted to manufacturing partners.
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