Hydro Aluminium, a division of Norsk Hydro today opened its aluminium recycling plant near Madrid in Spain. They have invested a total of 25 million Euros in the plant that sees Hydro Aluminium cement its position as Eur...
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...
Chemists at Bayer have succeeded in producing a waterproofing system for leather that requires no mineral salt containing fixing agents. Furthermore, the new product is claimed to exhibit good wear comfort, low water abs...
Following on a poor performance and a loss of EUR 622 million for the Corus Group in 2001, they have decided to decided to divest their aluminium operations.
Corus is the fifth largest global producer of downstream al...
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