News - 11 Feb 2003
Following the board of directors meeting, it was announced that Bethlehem Steel would sell substantially all of its assets to International Steel Group. The deal is expected to be finalised some time...
News - 7 Feb 2003
The tale of woe continues for the US steel industry with yet another company filing for chapter 11 bankruptcy under the US Bankruptcy Code. The latest victim is Kentucky Electric Steel.
News - 30 Jan 2003
In President Bush’s state of the nation address on Tuesday night, he announced the establishment of the FreedomFUEL initiative, designed to reduce America’s dependence on foreign...
News - 15 Jan 2003
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...
News - 14 Jan 2003
Just four months after it began its racing career, 90 foot maxi, Alfa Romeo took line honours and recorded the second fastest time ever in the Rolex Sydney to Hobart yacht race which started on Boxing...
News - 13 Jan 2003
Alcoa have just approved plans for the construction of the 322,000 ton, Fjaroaal aluminium smelter in East Iceland.
The plants is scheduled to be operational in 2007 and will cost Alcoa...
News - 19 Dec 2002
SGL Carbon intend to lodge a second appeal against the European Commission fine of 27.75 million Euro fine imposed on them following an investigation into the graphite industry.
News - 21 Nov 2002
MIM Holdings of Australia have just received an unsolicited approach from Xstrata plc. The proposed business transaction, would result in a change in the controlling interest if all goes...
News - 30 Oct 2002
State of the art railroad bearing technology and bearing materials are now helping in the restoration of a 1942 railroad locomotive.
The Great Smoky Mountains Railroad, recently refurbished engine...
News - 10 Oct 2002
Avestor have just started production of the world’s first fully commercial lithium-metal-polymer (LMP) battery in their new production plant in Boucherville, Quebec, Canada. Avestor is a 50/50...