BASF have entered into a definitive agreement with Honeywell to purchase their worldwide engineering plastics businesses. In a linked agreement, BASF have also agreed to sell their worldwide nylon fibres businesses to Ho...
Alcoa recorded a loss for the 4th quarter of 2002. They sited a global manufacturing weakness that has persisted for longer than anticipated as a major contributing factor.
Areas that remained soft, suffering from the...
Kobe Steel plans to take an equity stake in the US secondary steel processor, Grand Blanc Processing LLC.
They are making this move to position themselves such that they will be able to strengthen their ability to su...
Stuart Energy Systems and Hamilton Sundstrand Space Systems International have unveiled a jointly developed prototype hydrogen fueling system. The prototype was shown to at the Electric Transportation Industry Conference...
Solutia have signed a definitive agreement with UCB S.A. to sell their resins, additives and adhesives businesses for US$500 million. To this end, UCB have made an upfront payment of US$10 million for a short period of e...
On January 1 2003, the fluoropolymers activities of Solvay will be merged with those of Ausimont. The merged activities will for a new company, Solvay Solexis.
The acquisition has cost Solvay 1.3 billion Euros and was...
Lloyd Instruments has announced its acquisition of DN Testing Systems from Plint and Partners Ltd. DN Testing is a specialist in servo hydraulic testing.
Under the terms of the agreement, DN Testing equipment will be ...
Window manufacturer Viracon will receive an award today from the Protecting People First Foundation, following the tragic events of September 11. The foundation was set up after the Oklahoma bombing of 2000. It was estab...
The Noritake Abrasive Division will commence manufacture of vitrified CBN grinding wheels in America in February 2003.
The manufacture of these products will take place in a 16,000 square foot expansion to their facil...
Luggage manufacturer Samsonite have just sold their engineered plastics division for an undisclosed sum to Aegis Strategic Investment Corp.
The engineered plastics division manufactures injection moulded components fo...
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