Alcan has now completed the acquisition of VAW Flexible Packaging from Norsk Hydro for approximately 345 million Euro.
The acquisition strengthens Alcan’s position in the packaging market and provides them with ...
Bemis have been informed that the US Department of Justice will be filing a civil antitrust lawsuit to block the sale to block the sale of their pressure sensitive materials business to a subsidiary of UPM-Kymmene. The d...
Industrial packaging leaders Greif Bros have just opened a steel drum plant in Jiangsu, China. Jiangsu is located near the major port of Shanghai.
The new plant is in addition to their Ningbo plant, which has been ope...
Alcan have just been given approval by the European Commission to acquire VAW Packaging (FlexPac) from Norsk Hydro as reported previously.
The promptness of the response from the European Commission will allow Alcan t...
Japan’s Kureha Chemical Industry have announced that they will set up a joint venture with Toyota Tsusho Corp to produce resin for food packaging in China.
The joint venture will be called Nantong SKT New Materi...
Noveon and PolyOne have joined forces to develop and distribute a line of Electrostatic Dissipative (ESD) compounds for the electronics industry. Together the two will be able to offer industry the broadest range of stat...
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...
Following the press release of late November, Alcan have signed a definitive agreement with Norsk Hydro to purchase VAW Packaging (FlexPac). They expect to gain approvals for the acquisition during the first half of 2003...
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...
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