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...
Australia’s two major magnesium projects are in danger with one needing more money to be completed despite having been funded in part by state and federal governments and the other one under review.
The Australi...
GE have just completed their acquisition of International Fiber Systems (IFS). Conneticut-base IFS are suppliers of advanced, digital fiber optic transmission products and systems for electronic security and intelligent ...
Building on the success of the resin development alliance of last April between Dow and Cyclics Corp, a new long term agreement between Dow Automotive and Cyclics has been signed. The new agreement covers the marketing o...
BHP Steel has reaffirmed its commitment to the Chinese market by opening two new rollforming plants In China. The opening of these two state-of-the-art plants will effectively double their production capacity in China.
...
The Federal Court if Australia has approved the shareholder meeting to vote on the demerger proposal for CSR. Following this, CSR has announced that they will be taking the proposal to its shareholders for approval.
T...
A consortium involving LG Chem and Honan Petrochemicals Corp have emerged as the most likely to acquire troubled Hyundai Petrochem who have been looking for a buyer since early last year.
The consortium was selected a...
Sumitomo Chemical and Shell Chemicals have just signed a letter of intent to carry out a joint feasibility study with the aim of building a new ethylene plant in Singapore.
At the same time, Sumitomo will embark on it...
Following New York Governor, George E Pataki’s pledge to make New York a leader in renewable energy usage, the state has accelerated its efforts to develop clean, renewable energy alternatives.
Factors driving t...
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...
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