Alcan Inc. announced today that Alcan Packaging Mexico, S.A. de C.V. has acquired the packaging assets and business of Recubrimientos y Laminaciones de Papel, S.A. de C.V. (Relapasa), of Monterrey, Mexico. The asset purc...
OJSC Novolipetsk Steel, NLMK today announced that it has agreed to sell its entire stake of 12% (2,336,867 ordinary shares) in Lebedinsky GOK to CJSC “OEMK-Invest” for USD 400 million in cash. Lebedinsky GOK ...
Arcelor and the Turkish pension fund OYAK (Ordu Yardimlasma Kurumu) have agreed on December 23, 2005 that Arcelor will acquire, subject to certain conditions, 41% of Ataer Holding A.S., a wholly owned OYAK subsidiary, th...
December 2005 has been one of the hottest months for Gujarat NRE Coke. While the 1st ever coal shipment from its Australian mines is on the high seas on way to India, the steel plant being set up in Kutch district at Vil...
Mitsui Chemicals, Inc. (MCI) will combine two subsidiaries in Singapore on January 1, 2006 to form a new company MITSUI PHENOLS SINGAPORE PTE. LTD. This step reflects MCI’s efforts to reinforce its phenol business ...
Arcelor S.A. announces its intention to make an enhanced all cash offer to acquire all of the outstanding common shares of Canadian steelmaker Dofasco Inc. (TSX: DFS) at C$63.00 per share.
Arcelor expects that the Bo...
The current bidding by several contending parties to buy the Canadian steel producer Dofasco has highlighted the extraordinary turnaround in the value of steel company assets in the last couple of years.
Aside from pr...
Arcelor's Brazilian unit Arcelor Brasil has signed an agreement to buy a 50% stake of the capital of the Costa Rican companies Laminadora Costarricense SA and Trefileria Colima from Grupo Pujol Marti.
The transac...
Hydro will take full ownership of the casthouse at Hamburger Aluminium-Werk (HAW). Today, the company signed a contract with representatives of the other HAW co-owners, Alcoa and AMAG, valid as of 1st January 2006.
T...
Huntsman Corporation announced today that it has completed its acquisition of the minority interests held by affiliates of SISU Capital Limited and other third parties representing approximately 9.7% of the equity in its...
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