Alcoa and Kobe Steel have announced that they will terminate their joint venture aluminium plants that produce aluminium can stock used in beverage cans. This decision has been undertaken as the joint ventures did not me...
Stelco announced that they were considering divesting their wholly owned subsidiary AltaSteel after soliciting interest in the possible sale. They have received several letters of intent and are now considering their opt...
Arcelor have granted India’s Tata Steel a licence to use their technology to produce hot dip galvanised products for the automotive industry. The licence covers both pure zinc hot dip galvanising and galvannealed p...
Toyota Motor Corp is intending to build a pilot plant for the production of polylactic acid or bio-plastics, which are plastics that are made from renewable sources such as sugarcane.
The proposed plant will be built ...
Indian Steel Maker Tata Steel has made further inroads into the automotive industry, securing an order to supply 5% of Proton’s requirements, with supply to commence in this quarter.
Proton’s requirements ...
China’s largest steel maker Baoshan Iron and Steel have signed an agreement with Nippon Steel to set up a joint venture to manufacture steel in China for the auto industry.
The $363 million joint venture will be...
BASF will pay approximately $65million to acquire certain assets of Callery Chemical Division of Mine Safety Appliances Company. The transaction is expected to be completed before the end of the third quarter if 2003.
...
Kobe Steel, Mitsui and Toyota have formed a joint venture to manufacture and market aluminium forgings for automotive applications in the United States.
The joint venture will be called Kobe Aluminum Automotive Produc...
Noranda have reorganised their US-based metals recycling business creating a new company, Noranda Recycling Inc, based in San Jose, California.
The new organisational structure will encompass operations located at San...
Canadian-based IPL Plastics will suspend operations at its Ontario plant on September 5.
The company has cited a poor sales outlook for the suspension which will result in 150 workers being laid off. Other factors tha...
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