The sale of the assets of bankrupt Resource Recovery Industries Inc (RRI) to Zemex Corp has been approved by the United States Bankruptcy court. This follows RRI filing for chapter 11 bankruptcy staus on January 7, 2002....
Swiss based Glencore International has agreed to buy the bankrupt Vanalco aluminium smelter in Vancouver for US$24.25 million, although no plans have been announced for the plant as yet. However, it has been speculated t...
Difficult economic times and the events of September 11, have lead to Special Metals Corp. filing for voluntary Chapter 11 reorganisation under the US Bankruptcy Code. This covers the company and all of its subsidiaries....
It was announced today that Nissho Iwai would acquire the petroleum and carbon products as well the coal and iron ore branches of Nichimen Corporation.
The acquisitions are part of a medium term strategy for growth fo...
The purchase of bankrupt LTV Steel has been approved, with WL Ross and Co LLC to acquire the flat rolled products plants at Cleveland, East Chicago and Hennepin as well as a coke plant in Ohio.
The business will be ca...
American Superconductor today announced plans for a complete reorganisation of their business. The exercise will involve restructuring, consolidation and cost cutting.
These activities will shift their focus from rese...
Altair International and Ntera announced to day that they have filed a joint patent on lithium titanate spinel materials for rechargeable lithium ion batteries. It was also announced that the two party’s would cont...
Bodycote International, the supplier of heat treatment, metallurgical coatings, HIP and materials testing products and services is set to restructure its business after a year of reduced profits. Poor performance was att...
It was announced today that NKK Steel and Kawasaki Steel have been involved with talks with German manufacturer ThyssenKtrupp Steel AG regarding automotive steel. Discussions commenced in April of 2001, between NKK Steel...
Heraeus Holdings GmbH, via its subsidiary W.C. Heraeus GmbH & Co Kg is furthering its push into thin film technology by acquiring the company Unaxis Materials Deutschland GmbH from the Swiss Unaxis Group. They also have ...
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