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...
US-based Intermet have entered into an agreement for them to assume 100% ownership of their 50:50 joint venture Fundicao Nodular S.A, in Portugal, also known as PortCast Foundry.
Intermet originally took a 50% stake i...
Following the tragedy of September 11, the National Institute of Standards and Technology, NIST have developed a new instrument for testing steel elements salvaged from the World Trade Center.
Based on a device that h...
Shell Chemicals announced that their new polyols plant in Pernis, in the Netherlands came online in May and will be shipping their first batch of commercial product in coming months.
The plant, one of the largest of i...
Australian magnesium producer Magnesium International has received an expression of interest from a Japanese magnesium sheet consumer to purchase significant amounts of magnesium sheet.
The sheet is currently being pr...
Japanese steel maker Kobe Steel is set to build a $32.7 million aluminium plant in Kentucky, USA. The new venture will be called Kobe Aluminum Automotive Products.
The plant to be located in Bowling Green will produce...
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